Damon Jones Signing

Didn't see this elsewhere… I'm not sure if I like this because it makes Miami weaker, or dislike it because it makes Cleveland stronger:

http://sports.yahoo.com/nba/news?slug=cavaliersdjones&prov=st&type=lgns

CLEVELAND (Ticker) - Point guard Damon Jones apparently has found yet another home.

The Cleveland Plain Dealer on Wednesday reported that the Cleveland Cavaliers signed Jones to a four-year contract worth at least $15 million.

Considered the last high-profile free agent point guard on the market, Jones averaged a career-high 11.6 points in 82 games - 66 starts - in his first campaign with the Miami Heat last season. He has not spent more than one season with the same team since entering the NBA with New Jersey in 1998-99.

Jones ranked fifth in the NBA in 3-point shooting last season with a mark of 43.2 percent (225-of-521) - 10 percent better than the Cavaliers shot from that range in 2004-05.

The 29-year-old Jones would be the second free agent guard added by the Cavaliers this offseason to complement superstar forward LeBron James. They also inked Larry Hughes, who scored a career-high 22.0 points on 43 percent shooting and led the NBA with 2.9 steals in 61 games with Washington last season.

Both Jones and Hughes helped their respective teams into the Eastern Conference playoffs in 2004-05 while the Cavaliers (42-40) were on the outside looking in despite James ranking third in the league in scoring (27.2 ppg). The Heat were the top seed entering the playoffs and advanced to the conference finals, losing in seven games to Detroit.