9:54am: The Cavaliers have officially signed Ferrell to his 10-day deal, the team announced in a press release. The contract will run through next Wednesday, January 20.
8:27am: The Cavaliers are signing veteran point guard Yogi Ferrell to a 10-day contract, reports Chris Fedor of Cleveland.com. Ferrell is expected to be available to play on Monday night vs. Memphis after finalizing his deal and conducting the necessary COVID-19 testing, Fedor adds.
Typically, teams can’t sign players to 10-day contracts this early in the season — the 10-day signing window for 2021 doesn’t open until February 23. However, the NBA tweaked its rules a little for this season, allowing teams to complete 10-day deals early if they’re adding a player via the hardship provision.
A hardship exception allows a team to add an extra player to its 15-man roster on a short-term basis. It can be granted by the league if the club has at least four players who have missed three or more games due to injury or illness and are expected to be out for at least two more weeks.
We heard last week that the Cavaliers, who are currently without Kevin Love (calf), Dylan Windler (wrist), Dante Exum (calf), and Matthew Dellavedova (concussion), among others, planned to apply for an extra roster spot via the hardship provision as soon as they became eligible. It appears that request was approved, so Cleveland won’t have to waive anyone to sign Ferrell.
Ferrell, 27, was a member of the Kings for the last two years, averaging 5.3 PPG and 1.7 APG on .430/.342/.881 shooting in 121 total games (13.2 MPG) across those two seasons. He didn’t find a new NBA home in free agency in November after his contract with Sacramento expired, but will – at least for the time being – provide some point guard depth for the Cavs.
In addition to missing Exum and Dellavedova, Cleveland will also be without Darius Garland (shoulder) on Monday, while Collin Sexton (ankle) is listed as questionable. In other words, Ferrell could be immediately thrust into a prominent role, given the lack of options available at the point for the Cavs.