Cleveland Cavaliers News: Mo Williams To Sign Two-Year Contract With The Cavaliers

Point guard Mo Williams has agreed to terms with the Cleveland Cavaliers on a two-year contract worth $4.3 million and a player option, according to Adrian Wojnarowski of Yahoo Sports.

Free agent guard Mo Williams has reached agreement with the Cavaliers, league source tells Yahoo Sports.

— Adrian Wojnarowski (@WojYahooNBA) July 7, 2015

Williams, 32, was rumored to be nearing an agreement with the Memphis Grizzlies on a three- or four-year contract last week. But those rumors appear to have been just that, as Williams will return home to the team he spent two and a half years with earlier in his career.

Last season, the one-time All Star split the season between the Minnesota Timberwolves and Charlotte Hornets. While he struggled with the Hornets, Williams enjoyed a successful second half of the season after being traded to the Hornets. In 27 games with Charlotte, Williams averaged 17.2 PPG with 6.0 APG.

During his 12-year career in the NBA, Williams has played for eight teams.

The Inquisitr reported earlier today that Williams was garnering interest from several teams around the NBA. Considering his ability to score and pass as a point guard, as well as his experience, Williams is a player who improves any teams back court. But the Cavaliers already have superstar point guard Kyrie Ivrving manning the position for years to come.

However, Williams will serve as depth for the Cavaliers next season. Additionally, considering that Irving suffered a devastating injury during the NBA Finals this year, having a player as capable as Williams will serve as a good insurance if Irving struggles to return without setbacks.

With the LeBron James saga still ongoing, perhaps bringing in a player that he enjoyed success with during his first stint in Cleveland might help the club in their case to re-sign their superstar player. According to Brian Windhorst of ESPN.com, James will not engage with the Cavaliers about a contract for the 2015-2016 or beyond until the team re-signs forward Tristan Thompson.

To that end, James doesn’t plan to start talks with Cavs until Tristan Thompson’s deal is settled. Currently those talks are stalled.

— Brian Windhorst (@WindhorstESPN) July 4, 2015

If the Cavaliers are able to come to terms with Thompson and re-sign James, in addition to already having Kevin Love and Iman Shumpert back in the fold, Williams will serve as a valuable player on a potential championship team. With the starting lineup potentially consisting of Irving, Shumpert James, Love, and Anderson Varejao, Williams will likely spend the next two seasons as a scoring weapon off the bench.

[Image by Kevin C. Cox/Getty Images]