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Cavs sign Andrew Harrison to two-way contract, per report

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John Holland is gone as the Cavs go younger with one of their two-way deals.

NBA: Memphis Grizzlies at Minnesota Timberwolves Jesse Johnson-USA TODAY Sports

The Cavs are signing Andrew Harrison to one of their two-way contract slots, per ESPN’s Adrian Wojnaroiwski. But per Woj, the Harrison will not report to the Canton Charge, the Cavs’ G-League affiliate. Instead, he will spend the entirety of his deal with the Cavs.

To make room for Harrison, the Cavs waived John Holland. Billy Preston is signed to the Cavs’ other two-way deal.

Harrison can be on the Cavs’ roster for 45 days while signed to a two-way deal. If they want to keep him beyond that, they’ll need convert his deal to a normal NBA contract.

Harrison, 24, spent last year with the Grizzlies and was waived by Memphis on Nov. 1. The 6’6” guard was originally picked by the Suns in the 2015 Draft after playing at Kentucky. For his career, he’s averaging 6.5 points and 2.2 assists per game.

Harrison is likely being brought in to give the Cavs depth with George Hill and several other players out. But he’s also an interesting player with some upside as a combo guard, so perhaps he has value beyond just providing depth.

The Cavs have not yet announced Harrison’s signing, so it is unclear if he will play when Cleveland returns to action on Saturday against the Bulls.