Source: Jared Cunningham to Remain With Cavs

Jared Cunningham has beaten the odds. Cunningham will remain with the Cavs through the Jan. 10 date for all contracts to be guaranteed, one source said.

Cunningham’s deal, worth less than $1 million, will actually cost the Cavs more than $4 million in salary and cap penalties. When he made the team out of camp, team officials believed it was only temporary and he would likely be waived prior to the Jan. 10 guarantee date.

Source: Jason Lloyd of the Akron Beacon Journal