Cavs sign guard John Holland to two-way contract, per report

The Cavaliers have hired guard John Holland to a two-way contract, according to cleveland.com’s Joe Vardon. International reporter David Pick was the first to report that the Cavs had signed Holland.

Holland, 28, spent parts of the past two years with the Canton Charge, the Cavs’ G-League affiliate, and was with Cleveland in training camp last year. He also was on the Celtics’ playoff roster at the end of last season. Holland averaged 22.9 points and 4.7 rebounds with the Charge last year.

Under the framework if two-way contracts, Holland can spend 45 days in the NBA and earn up to $204,000. With the Charge, he’ll make $75,000.

The addition of Holland puts both Edy Tavares and Kay Felder at risk. Both are on non-guaranteed deals and the team already has 15 players on guaranteed deals. Both Tavares and Felder are eligible for two-way deals were the Cavs to cut them, but the addition of Holland almost certainly means that one won’t be on the team come start of the season.