The Cavs have waived shooting guard Tarence Kinsey on Wednesday.

The 6-foot-6, 189-pounder signed with the team on Aug. 1, 2008. He appeared in 50 games (three starts) during the 2008-09 season. He averaged 2.0 points and 0.8 rebounds in 5.5 minutes per game.

In his three starts, Kinsey averaged 7.7 points, 2.3 rebounds, 0.7 assists, and 1.0 steal in 25.6 minutes per game. Kinsey appeared in nine games in the postseason and averaged 0.4 points.

Kinsey, 27, averaged 12.8 points, 4.4 rebounds and 1.6 steals in five summer league games in Las Vegas. However, he didn't have an assist in 120 minutes. He also dislocated his finger in the last game.

He had a contract for the 2009-10 season worth $855,198. He had no salary protection if he was waived by Aug. 1.

The Cavs have not made a contract offer to Celtics power forward Leon Powe, an NBA source said.

However, there might be a little interest in the 6-8, 240-pounder. Powe is coming off ACL and microfracture surgeries to his knee and he might not be able to play until January or February.

He's not really a stretch "4." He's a pound-the-boards type of power forward, who has given the Cavs absolute fits over the years.

The Cavs still have some options available. They have the $2 million bi-annual exception that they might not use. They can also sign players to minimum contracts. They don't have to use what's left of their mid-level exception to sign second-round pick Danny Green.

That might be the next transaction.

The Cavs will introduce newly acquired forward Jamario Moon at a press conference at 5 p.m. Monday at the Cavaliers Youth Fund Golf Classic. It will be held at Westfield Group Country Club in Westfield Center in Ohio.

He was signed to a two-year, $6 million deal on Friday.

The Miami Heat have until 11:59 p.m. Friday to match the offer sheet for Jamario Moon. Fans have been on baited breath waiting to hear about what the Heat will do. Unfortunately, they'll have to wait a little longer.

Observers in South Florida predict the Heat will pass on the offer sheet Moon signed with the Cavaliers. But no one would be surprised, either, if Heat president Pat Riley matched the offer.

The offer sheet could be up to three years in length.

The braintrust at Cleveland Clinic Courts prides itself on shocking the world.

In the perfect world, when they make an offer to a player, they want to announce it. They don't want any leaks of news sneaking out. In the Internet world, that's not always possible.

There are bloggers and reporters sniffing around, as well as chat rooms and websites trying to find out what's going on.

Last Friday, the Cavs signed small forward Jamario Moon to an offer sheet. The Miami Heat have a week to match the offer. Many in South Florida think the Heat won't match the offer.

Yahoo! Sports reported it's a two-year, $6 million offer.

So, if that's true, they are paying Moon more than Anthony Parker.

But back to the Cavs. That's the way Cavs GM Danny Ferry operates. He doesn't want anything to get out.

The signing of Moon wasn't expected. There was little buzz about him. Looking back on it, I did hear his name, but dismissed it.

I've never been a huge fan of "Moon Boy," but he does some things very well. And, fortunately for the Cavs, some of his biggest attributes are things needed by the team. They wanted to upgrade their bench and perimeter defense.

He's a freakish athlete, who can jump out of the gym.

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I attended a family reunion over the weekend. Upon meeting 82-year-old Aunt Vincy, she looked at me and asked: "Is LeBron staying in Cleveland?"

I was shocked that she followed the NBA, but the Cavs are so hot now, I guess everyone is paying attention.

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My "spies" in Akron tell me they spotted James riding one of those stand-up, two-wheeled scooters up and down the street where he lives. You know, the one Paul Blart: Mall Cop used in the movie.

It must be his new toy.

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James also had a major party at his home in Akron around the time Shaquille O'Neal was in town for his press conference.

Shaq spent some time last week in China.

Today is the big day for Sean May's workout with the Cavs. The former lottery pick has played 4 years in the NBA with the Charlotte Bobcats and has done very little.

In fact, he's appeared in just 82 games - the equivalent on one season.

For the league minimum, I might consider signing him. He does have some upside.

The Cavs have called a press conference to announce the signing of guard/forward Anthony Parker. He'll meet with the Cleveland media at 2:45 p.m. Monday at Cleveland Clinic Courts.

Parker, 34, received a two-year, $6 million deal with the Cavs.

Most observers are assuming he'll come off the bench with the Cavs behind Delonte West at shooting guard.

The Cavs are talking to the agent of Matt Barnes about the forward joining the team. They have about $2.8 million remaining to their mid-level exception. They might try to sign Barnes with the $2 million bi-annual exception, and save what's left of their mid-level for a later date.

The Parker signing gives the Cavs 13 players, but only 10 with guaranteed contracts.

First of all, I did throw out an unsubstantiated rumor last night that said the Cavs might be interested in sending J.J. Hickson and Wally Szczerbiak to the Charlotte Bobcats for swingman Gerald Wallace in a sign-and-trade.

I explained that it probably wouldn't happen, since Wallace has $40 million left on his contract over the next four years.

The only reason the Bobcats would do this is in a salary dump.

I was told by a reputable source that the Cavs had not talked about anything even close to this.

So, let's put this out of our heads. These things seem to take on a life of their own sometimes.

I think Wallace would be a good fit in Cleveland. But it appears that the Cavs are very close to agreeing on a two-year contract with Anthony Parker.

The Cavs agreed to a six-year, $50 million deal with Anderson Varejao on Wednesday.

But they are far from being over. My guess is that they split the $5.8 million mid-level exception in half and made offers to guard/forward Anthony Parker and forward/center Channing Frye.

That adds up to about $2.9 million to each player. Parker, 34, could be signed for two years, maybe three. The 6-6, 215-pounder could be the athletic wing defender they so desperately need.

Frye, a 6-10, 235-pounder, is not a banger inside by any means. He's a finesse big, who can shoot the 18-footer.

If he turns down their deal, they could offer part of their mid-level to Joe Smith.

Cavs assistant coach John Kuester is the new head coach of the Detroit Pistons. It became a reality late Tuesday night.

That also means the Cavs need to hire a new assistant coach. Like my previous post said, there are two candidates on staff - Bryant Moore and Lloyd Pierce. They could also go outside the organization to hire someone.

I haven't heard anything about assistant Hank Egan, who is going year to year. It's not out of the question the Cavs could have two new assistant coaches this season.

CAP SET - The NBA announced that the salary cap for the 2009-10 season will be $57.7 million.

The luxury tax level for the 2009-10 season has been set at $69.92 million. Any
team whose team salary exceeds that figure will pay a $1 tax for each $1 by
which it exceeds $69.92 million.

The 2008-09 salary cap was $58.68 million and the tax level was $71.15
million. Although league-wide revenue increased 2.5% this past season, the
decrease in the salary cap and tax level for the 2009-10 season is the
result of the formula used to set the cap and tax under the terms of the
collective bargaining agreement.

The new salary cap and tax level go into effect on
Wednesday, when the league’s “moratorium period” ends and teams can
begin signing free agents and making trades.

The mid-level exception is $5.854 million for the 2009-10 season and the
minimum team salary, which is set at 75 percent of the cap, is $43.275
million.

It sounds like Cavs assistant coach John Kuester might be in line for the Pistons' job.

After ESPN analyst and former Mavericks coach Avery Johnson priced himself out of the position and TNT analyst Doug Collins pulled out of the running, Kuester appears to have the inside track on the job.

Kuester, 54, has been with the Cavs for two years. He served as the team's unofficial "offensive coordinator" this season. He's a former Pistons assistant coach under Larry Brown.

He would be missed on the Cavs' staff. If they decide not to go out of the organization to fill the position, perhaps Chris Jent would be next in line to be their offensive coach.

The Cavs have two possible coaching candidates already in the building in Bryant Moore, the team's advance scout, and developmental coach Lloyd Pierce.

They could also decide to go outside the organization and hire an official offensive coordinator.

After the press conference to introduce Shaquille O'Neal to the Cleveland fans, I was one of a group of reporters taken behind the scenes to meet the 7-foot-1, 325-pounder.

I had met him before, but not on such a personal basis. He was sitting with his wife, Shaunie Nelson, in the cafeteria at Cleveland Clinic Courts.

During the press conference, I had asked Shaq if coming to the Cavs was a one-year proposition, or was he angling for a contract extension. He paused before he answered, and then said if the Cavs offer him a $35 million extension, he'd sign it now.

I told him later that I wasn't trying to stir up anything, but he had twice referred to the fact he wants to play three more years before retiring. Well, he has one year remaining on his deal worth $20 million.

He said, "Don't worry about it," and then shook hands. His hands are massive.

I told him, "Welcome to Cleveland."

What do you say to one of the all-time great centers in NBA history? "How's the weather up there?"

I also met his agent, Las Vegas' Perry Rogers. He said one doesn't go into a situation like Cleveland's and make any kind of demands. He said Shaq is concentrating on one thing: Winning his fifth NBA title.

If that happens, then maybe they'll ask for an extension.

If that happened, maybe the Cavs will give him one, even though it would mess up their free-agent plans in the summer of 2010.