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Cavs sign guard Matt Mooney to two-way deal

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The Cavs have filled their open two-way slot.

Memphis Hustle vs Sioux Falls Skyforce Photo by Dave Eggen/NBAE via Getty Images

On the last day possible, the Cleveland Cavaliers have filled their final two-way contract slot.

In a press release from the team, Cleveland announced that it had signed Matt Mooney to a two-way deal. The slot was opened up when the team waived Levi Randolph earlier this week.

Mooney, a 6’2” Texas Tech product who also played at South Dakota State and Air Force, was playing for the Memphis Hustle in the G League this year after signing an Exhibit 10 deal with the Memphis Grizzlies. Before Memphis, he was on the Atlanta Hawks’ summer league team.

In 24 G League appearances this year, Mooney averaged 12.6 points, 3.2 rebounds, 4.5 assists and 1.7 steals. The Hustle are currently 18-6 and in second place in the G League Western Conference.

Mooney is an interesting two-way signing because the Cavs already have two guards — Darius Garland and Collin Sexton — who are a key part of the future. Mooney maybe isn’t that, but he feels like insurance in case vets like Brandon Knight and Matthew Dellavedova are shipped out. In the short term, he feels likely to spend time with the Canton Charge in the G League.

Dean Wade is the Cavs’ other two-way signee. Cleveland.com’s Chris Fedor first reported Mooney’s deal on Wednesday.