Update: The Cavs have officially signed him: http://www.insidehoops.com/blog/?p=3718
Joe Smith agrees to terms with Cavs
by Brian Windhorst/Plain Dealer Reporter
Tuesday March 03, 2009, 8:02 PM
CLEVELAND -- Joe Smith is about to become a Cavalier, again.
The Cavs and the veteran 6-foot-10 forward agreed to terms on a one-year contract Tuesday night. He is expected to sign the deal once he clears waivers Wednesday morning and should be able to join the team by Friday's game at Boston.
"After careful consideration of his options, Joe has decided that the Cavs are the best fit," Smith's agent, Dan Fegan, said.
Smith was contacted by several teams after getting a buyout from the Oklahoma City Thunder on Sunday. He averaged 6.6 points and 4.5 rebounds in 36 games with the Thunder this season. He played 27 games plus the playoffs with the Cavs last season.
Great Signing for the Cavaliers, and Welcome Back Joe Smith.