Cavaliers keep Manny Harris, waive Jason Kapono

The Cleveland Cavaliers have signed guard Manny Harris for the remainder of the 2011-12 season, Cavaliers General Manager Chris Grant announced today. Per league and team policy, terms of the contract were not announced. Additionally, the Cavaliers have waived forward Jason Kapono. Harris most recently completed a second 10-day contract with the Cavaliers on March 11th. He has appeared in three games with Cleveland this season, totaling nine points and two rebounds in 20 minutes. Prior to being signed by the Cavs, Harris played in 17 games (12 starts) this season with the Canton Charge, the Cavaliers exclusively owned and operated NBA Development League team. Harris averaged 21.4 points on .470 shooting with 7.9 rebounds, 3.3 assists and 1.7 steals in 32.9 minutes per game with Canton. Kapono was acquired on March 15th as part of the trade in which the Cavaliers acquired the Los Angeles Lakers’ first round pick in the 2012 NBA Draft (lottery-protected), Luke Walton, the right to swap their least favorable first round pick in the 2013 NBA Draft with the Lakers (Please note: the Cavaliers currently own their own first round pick and Miami’s) and cash considerations from the Los Angeles Lakers in exchange for guard Ramon Sessions and guard/forward Christian Eyenga.