The Cleveland Cavaliers have waived guard/forward Demetris Nichols. He played in three games for Cleveland and scored two points and grabbed one rebound in 14 minutes.
The main reason the team did this is because they’re matching the Charlotte Bobcats offer sheet to Anderson Varejao, meaning they will retain the player. Varejao becomes a Cavs player again today.
The Cleveland Cavaliers have matched the Charlotte Bobcats’ contract offer sheet signed by Anderson Varejao, General Manager Danny Ferry announced this morning. By matching the Bobcats’ contract offer sheet, Varejao will now be under contract with the Cavaliers. Per the NBA’s Collective Bargaining Agreement, terms of the contract were not disclosed.