Cleveland Cavaliers sign Denzel Valentine to two-year deal, waive Damyean Dotson

Marla Ridenour
Akron Beacon Journal
The Cavaliers signed former Chicago Bulls guard Denzel Valentine, right, to a two-year contract. [Rob Schumacher/Arizona Republic]

The Cavaliers filled their need for wing depth by signing guard/forward Denzel Valentine to a two-year contract with the first year partially guaranteed, a league source confirmed Friday night.

Earlier in the day, the Cavs waived guard Damyean Dotson, clearing a roster spot for Valentine.

Valentine, 27, was the 14th overall pick of the Chicago Bulls out of Michigan State in 2016 and spent five years there. He enjoyed his best season in 2017-18, when he played in 77 games (37 starts) and set career-highs in points (10.2), rebounds (5.1), assists (3.2), field goal percentage (.417) and 3-point percentage (.386).

But ankle instability sidelined Valentine for the 2018-19 season and he underwent reconstructive surgery in November 2018.

Last season, Valentine played in 62 games (three starts) and averaged 6.5 points, 3.2 rebounds and 1.7 assists in 16.7 minutes, shooting .373 from the field and .331 from long range. In 232 career games, he has averaged 7.4 points, 3.5 rebounds and 2.0 assists, shooting .394 and .357, respectively.

Dotson, who played one season for the Cavs, played in 46 games and started seven, five of those in January when the team was without Darius Garland and Collin Sexton due to injuries. Dotson averaged 6.7 points, 2.0 rebounds and 2.0 assists in 19.7 minutes.

A second-round draft pick in 2017, Dotson spent three seasons with the New York Knicks before signing with the Cavs in November.

On Wednesday, the Cavs signed top EuroLeague point guard Kevin Pangos to a two-year, veteran minimum contract with his $1.67 million first-year salary guaranteed. The Cavs also acquired point guard Ricky Rubio in a draft-day trade with the Minnesota Timberwolves.

Ahead of the league’s Sept. 28 start date for training camps, Dotson was one of four players on non-guaranteed contracts. That list includes Lamar Stevens, Dean Wade and Mfiondu Kabengele.

Memphis Grizzlies guard Tyrus Jones tips away a pass by Cleveland Cavaliers guard Damyean Dotson during their game at the FedExForum on Thursday Jan. 7, 2021.

Marla Ridenour can be reached at mridenour@thebeaconjournal.com. Read more about the Cavs at www.beaconjournal.com/cavs. Follow her on Twitter at www.twitter.com/MRidenourABJ.