James Jones officially re-signs with Cavaliers

James Jones is officially coming back the Cleveland Cavaliers.

The Cavs announced Jones’ re-signing today in a press release. Yesterday, Shams Charania of the Vertical was the first to report that Jones was coming back to Cleveland on a one-year deal worth $1.55 million. The team did not disclose Jones’ salary.

“We’re very happy to have James back with the Cavaliers,” said Cavs GM David Griffin said in the release. “He is a Champion in every sense of the word and his leadership and professionalism over the last two years have translated with our team in many different ways that have helped us reach our goals. ‘Champ' delivers a clear reflection of what success at the highest level should embody and his contributions and commitment to our team are something we need and appreciate greatly.”

As Griffin noted, Jones’ value to the Cavs is in the locker room and he’s LeBron James’ favorite teammate dating back to their time in Miami. Jones won’t play much next season, but he embodies what the Cavs want in their locker room.

For his career, Jones has averaged 5.4 points per game while shooting 39.8 percent from three. Last season, Jones played in 48 games and averaged 3.7 points per game.

With Jones now back in the fold, the Cavaliers’ remaining unsigned players are LeBron, J.R. Smith and rookie Kay Felder.