Report: Cavs Intend To Re-sign Derrick Williams

According to Joe Vardon of Cleveland.com, the Cleveland Cavaliers intend to re-sign forward Derrick Williams to a second 10-day contract.

The Cavs intend to sign forward Derrick Williams to a second 10-day contract Wednesday before the team returns to practice following the All-Star break, a source told cleveland.com.

When Williams signs, he’ll get a 10-day deal for $67,700. If the Cavs need his roster spot to complete a trade by Thursday’s deadline, they could just terminate the contract and then re-sign him. If he were to sign for the rest of the season and Cleveland needed room to make a trade, the club would have to consider waiving him — and losing him.

– Joe Vardon, Cleveland.com

It appears Williams will be back on the floor for Thursday night’s game against the New York Knicks, but we’ll let you know when any official move is made.