Cleveland Cavaliers guard Delonte West has signed a multi-year contract with the team, Cavaliers General Manager Danny Ferry announced today. Per team and league policy, terms of the deal were not disclosed. The Akron Beacon Journal (Brian Windhorst) reports that “West has agreed to a two-year contract with a team option for the 2011-12 season. According to league sources, the deal is worth between $4 million and $5 million per season.”

InsideHoops.com editor says: The Cavs now have about 48 point guard-sized players, though Eric Snow, technically still on the roster, is going to not play or retire or something, or so I remember reading in the Akron Beacon Journal. And I wonder if they’ll part ways with new addition Tarence Kinsey. West is a tweener guard; a scorer more than a pure playmaking PG. But he’s talented and worth having on a roster. He’s also a bit nutty (in a good, harmless, likeable way) and tells cool stories. Anyway, here’s more on Delonte West:

Acquired from the Seattle SuperSonics on Feb. 21 as part of a three-team, 11-player trade, West played in 61 games (31 starts) for Seattle and Cleveland and averaged 8.3 points on .413 shooting, 3.2 rebounds and 3.8 assists in 25.1 minutes per game during the 2007-08 season. In 26 games (all starts) with the Cavaliers, the 6-foot-3 guard averaged 10.3 points on .440 shooting, 3.7 rebounds and 4.5 assists in 31.0 minutes per game.

“This is the first time since I was offered a scholarship at St. Joes that I feel like I am valued as a person and a player. Dan Gilbert and the Cavaliers have shown me that they value me as a person and a player and that was the most important thing to me,” said West. “In that sense, this was not about a specific dollar amount. You can’t really put a dollar value on a person, their skills you can, but not their heart and what kind of person they are. My family is blessed and I feel a great relief to be able to concentrate on basketball now.”

“We have consistently communicated our desire to keep Delonte as a member of this basketball team. His tenacity helps us on both ends of the floor and his defensive play certainly reflects how we want to play the game,” said Ferry. “Contending teams need areas of strength and need depth. Having Delonte, Mo (Williams) and Daniel (Gibson) certainly creates an advantageous situation for us.”

West, 25, started all 13 games during the 2008 postseason and averaged 10.8 points, 3.3 rebounds, 4.2 assists and 1.2 steals in 34.8 minutes per game. He set career playoff highs with 21 points and five three-point field goals made, including the game-winning three-pointer, in 37 minutes in Game 4 at Washington. He tied his career playoff high in scoring on two occasions in the conference semifinals against Boston, tallying 21 points, five rebounds and seven assists in 39 minutes in Game 3 and totaling 21 points, four assists and four steals in 43 minutes in Game 5.

In 240 games (156 starts), West has career averages of 9.8 points on .444 shooting, 3.1 rebounds and 3.8 assists in 27.8 minutes per game.