Power forward Lou Amundson's agency, Priority Sports, tweeted out the news of a deal between their client and the Cavs on Friday morning.
Amundson becomes the latest veteran to be added in the Cavaliers' busy off-season, joining LeBron James, Mike Miller, James Jones and Shawn Marion in free agency.
An eight-year veteran, Amundson worked out for the Cavs recently and will likely fight for one of the final roster spots during training camp, which opens soon.