Undrafted rookie Matthew Dellavedova has signed a two-year contract with the Cavaliers for about $1.3 million, but only a small portion of this season’s deal is guaranteed, a league source confirmed. The source was speaking on the condition of anonymity because the team had not announced the signing. The signing was first reported by Australian media.

Dellavedova averaged 2.8 points and three assists in five summer league games with the Cavaliers after leaving St. Mary’s as the school’s all-time leader in scoring, assists, games played, free-throw percentage and 3-pointers. The biggest knock against him is a lack of athleticism.

Dellavedova has an excellent chance to make the Cavs as a third point guard. The Cavs still have one roster spot open. Camp opens Oct. 1.

Reported by Jason Lloyd of the Akron Beacon Journal