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Cavs waive forward Eric Moreland

The Cleveland Cavaliers have waived forward Eric Moreland as he continues to recover from a foot injury suffered last season.

"I feel it is in my best interest for me to take my time to make sure I am 100 percent healthy," Moreland told ESPN. "I feel really good and think I am close to being game ready but with the setback I have already been through, I want be extra cautious with my return and do everything I can to make sure I my foot has completely healed."

Moreland was not cleared by the Cavaliers to participate in training camp this past week. Cleveland will likely re-evaluate Moreland -- who re-aggravated the injury last April -- prior to the season. Moreland broke his foot last December.

Moreland signed with Cleveland earlier this month, but doctors have told Moreland that he is approximately 6-8 weeks away from being 100 percent.

The 6-foot-10 Moreland played at Oregon State and spent the first two seasons of his professional career with the Sacramento Kings organization. He missed much of his rookie season due to a shoulder injury and was out last year due to the foot injury.

Also Monday, the Cavaliers signed veteran point guard Toney Douglas to address a lack of experienced depth at the position.

Douglas played 61 games with New Orleans last season, averaging 8.7 points, 2.3 rebounds and 2.6 assists in 20.7 minutes. He'll compete for a backup job behind Kyrie Irving.

"We like the way he can shoot the basketball," Cavaliers coach Ty Lue said. "Off the ball, be able to knock down open shots. We like his pace and tempo, pushing the basketball. And he's a tough player, picking up full court, guarding the basketball. He just plays with toughness we need."

The defending NBA champion Cavs were in the market for a point guard after Mo Williams retired last week. Rookie Kay Felder was the only other point guard in training camp.

Douglas was at Cavs practice Monday but was mostly an observer. His deal includes no guaranteed money, a league source told ESPN.com. He is in camp on a make-good contract and will have a shot to make the team.

Douglas was a teammate of LeBron James in Miami.

"He's a veteran guy so you know you're going to get a professional out of him and at that point, that's what we like having around," James said. "We like veterans and guys that have been around and know what it's like to be a professional and it's great to have him."

Information from ESPN's Dave McMenamin and The Associated Press was used in this report.