1:56pm: The move is official, the Cavaliers have announced.
SATURDAY, 1:20pm: Cleveland has indeed waived Edwards, Jason Lloyd of The Akron Beacon Journal reports (Twitter link). No official announcement has been made by the team as of yet. This move would leave the Cavs’ preseason roster count at 15.
THURSDAY, 6:44pm: The Cavs are likely to waive small forward Shane Edwards, tweets Bob Finnan of The News-Herald. Cleveland is at 16 players, as our roster counts show, and Edwards is one of three who have non-guaranteed contracts, along with Lou Amundson and A.J. Price. If the Cavs are to make the move, they’d have to do it no later than 4 p.m. Central on Saturday so that he clears waivers in time for the team to have no more than 15 players when opening-night rosters are set at 4 p.m. Central Monday.
Edwards, 27, signed with the Cavs just as training camp began, returning to the team with which he made his NBA debut last season on a 10-day contract. He saw action in two games for just 12 total minutes on that deal, and Cleveland terminated his contract before the 10 days were up to accommodate the signing of Seth Curry. Edwards spent the lion’s share of the season with Cleveland’s D-League affiliate, and I wouldn’t be surprised if he winds up back there again.
The Cavs don’t have to carry 15 players come opening night, but if Edwards goes, it would seemingly put Amundson, Price as well as Alex Kirk, who has a partial guarantee worth $65K, in line to remain with the team into the regular season. Anderson Varejao also has a partially guaranteed contract, but he’s in no jeopardy of being cut loose.