Latest On Dwyane Wade Joining Cavs

The Cavaliers reached an agreement earlier today with three-time NBA champion Dwyane Wade on a one-year, $2.3MM deal. Once Wade clears waivers and the signing becomes official, the veteran guard will be reunited with longtime friend, LeBron James, and have the chance to compete for his fourth NBA title.

Before the move is completed, the Cavaliers will have to make a roster move as the team is presently at the 20-man training camp limit. Dave McMenamin of ESPN reports (via Twitter) that Cleveland is expected to initially cut a non-guaranteed training camp invitee to make roster space for Wade.

Joe Vardon of Cleveland.com reports (via Twitter) that Kendrick Perkins, who the Cavaliers officially signed on Monday, will likely be cut. Perkins, 32, did not play last season and his last NBA action was a 37-game stint with the Pelicans in 2015/16. Perkins previously suited up for Cleveland during the team’s run to the NBA Finals.

Cleveland will need to trade or waive at least one player on a guaranteed contract to accommodate Wade once rosters shrink to 15 players for the start of the regular season.

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