Cook was on a two-way deal with the Nuggets before Denver cut ties with him on Wednesday. The Cavaliers will now decide by Saturday afternoon whether to retain Cook or training camp invitee Marques Bolden with their second two-way contract, according to Fedor. Power forward Dean Wade has the other two-way contract.
Cook entered the draft this spring after his junior year at Iowa, where he averaged 14.5 PPG, 7.6 RPG, and 2.4 APG in 33 games (30.8 MPG) last season while shooting 51.9% from the field. After recovering from a high ankle sprain suffered during a pre-draft workout, the 22-year-old joined Denver for Summer League action and then for training camp, playing limited minutes in two preseason games.