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Jamario moon officially a Cavalier as Heat decline to match offer

Per a Tweet from Bob Finnan, the Miami Heat have notified the Cavaliers that they will not match the Cavs' 3-year offer to Jamario Moon making Moon a member of the Cavaliers.

The deal is reportedly worth $8.92 million over 3 years, with the first two years of the contract guaranteed.  It was the 2nd season, 2010, that made the Heat leery of matching since it would take away some financial flexibility in an already draining free agent market next summer.

Moon look to be a perfect fit as a rotation player for the Cavs, with the ability to defend the 3-point line and hit the open jumper. 

More on this to come.