1:15pm: The Heat have issued a press release confirming that their series of moves – converting Cain to a two-way deal, waiving Days, and signing Mulder – are now official.
Cain, a 23-year-old small forward, signed the Exhibit 10 deal in July after going undrafted out of Oakland. He played for the Heat’s Summer League team and has been impressive during the preseason, causing Miami officials to fear that he might not clear waivers if he was let go.
The Heat still have plans for Days, assuming he clears waivers, Chiang writes in a full story. His two-way contract was converted to an Exhibit 10 deal on Saturday, and he appears headed to Miami’s G League affiliate in Sioux Falls if he’s not claimed by another team.
Days was given a two-way contract in mid-July after a strong Summer League showing with the Spurs. He appeared in two preseason games, but saw limited action.