SUNDAY, 9:08am: The signing is official, the team announced this morning.
SATURDAY, 2:40pm: A league source has confirmed the expected signing to Jason Lloyd of The Akron Beacon-Journal, saying the Cavaliers need more players in practice because of injuries.
FRIDAY, 6:25pm: The Cavaliers intend to sign shooting guard Jordan McRae to a 10-day contract, Chris Reichert of Upside & Motor reports (Twitter link). Cleveland currently has two available roster slots, so no additional moves will be required to bring McRae into the fold.
It would appear Cleveland will gain some depth in its backcourt, though McRae is certainly a step down in stature from Joe Johnson, whom the Cavs were reportedly targeting for once he clears waivers. Johnson, who reached a buyout arrangement with the Nets, will reportedly sign with the Heat instead.
McRae, 24, has already tasted some NBA action this season while he was with the Suns via two 10-day deals. Phoenix declined to sign him for the remainder of the season when his second 10-day deal expired and he subsequently returned to the Sixers’ D-League affiliate.
The shooting guard appeared in seven contests for the Suns and averaged 5.3 points, 1.1 rebounds and 1.4 assists in 11.8 minutes per night. McRae’s D-League numbers are far more eye-popping, as he’s notched 23.3 points, 4.6 rebounds and 5.2 assists in 29 contests on the season.