Cavaliers officially announce signing of Deron Williams

In what was a horribly kept secret, the Cavaliers announced the signing of veteran point guard Deron Williams on Monday.

The 12-year veteran was waived by the Mavericks on Feb. 23 and almost immediately was linked to the Cavs, along with center Andrew Bogut. While Bogut, who was waived by the 76ers after they acquired him from the Mavericks in a Feb. 23 trade, has also been linked to the Cavs, no deal is yet in place. Bogut is also drawing interest from the Spurs, Rockets and Celtics,according to ESPN.

Williams was the third overall pick of the 2005 NBA Draft and spent his first six seasons with the Jazz. He spent four-plus seasons with the Nets before joining the Mavericks in 2015. 

He averaged 13.1 points, 6.9 assists and 2.6 rebounds in 29.3 minutes through 40 games (all starts) with the Mavericks this season. Williams, who will wear 31 for the Cavaliers, will help spread the ball to scorers LeBron James and Kyrie Irving. He had 10 or more assists in five games this season. Coach Tyronn Lue said he hopes Williams can make his Cleveland debut Wednesday in Boston.

The three-time All-Star has career averages of 16.6 points, 8.2 assists, 3.1 rebounds, and 1.1 steals.