Nembhard originally signed a two-way deal with Cleveland in October and was converted to a standard contract on March 31. He was waived Thursday to give the Cavs a roster opening to convert Moses Brown‘s contract, a move that was confirmed in today’s press release.
A rookie out of TCU, the 23-year-old Nembhard appeared in 13 games this season, playing just 4.6 minutes per night. He had a much bigger role with the Cavaliers’ G League affiliate, averaging 24.5 points, 8.1 rebounds an 5.5 assists in 23 games.
It’s unclear if Nembhard’s new contract is for one or two years. If it’s a one-year deal, he’ll be eligible for restricted free agency this summer. A two-year deal would give Cleveland the option of keeping Nembhard in one of the team’s two-way slots next season.