The Cavaliers are converting Craig Porter Jr.‘s two-way contract into a standard deal, Chris Fedor of the Cleveland Plain Dealer reports (via Twitter). Porter will receive a four-year contract.
Porter has been one of the more pleasant surprises for the Cavs this season. The former Wichita State point guard went undrafted after playing three seasons with the Shockers. He agreed to a two-way deal with Cleveland shortly after the draft.
The 23-year-old point guard has appeared in 32 NBA games in his rookie year, including five starts. He’s averaged 6.5 points, 2.8 assists and 2.5 rebounds in 14.7 minutes per game.
Porter unexpectedly played a rotation role earlier in the season when primary backup point guard Ricky Rubio left the team for mental health reasons and third-string point guard Ty Jerome suffered an ankle injury. Porter continued to see regular minutes when Darius Garland missed several weeks due to a broken jaw, though his playing time has been cut back as of late now that the roster is healthier.
Cleveland has an open roster spot despite signing Zhaire Smith to a 10-day contract on Sunday.
Porter’s deal will come out of the mid-level exception. The Cavs used a portion of it during the 2023 offseason to sign Georges Niang, but still have more than enough left to accommodate a new deal for the rookie.