Cavaliers re-sign Graham, waive Nailon

The Cavaliers signed guard Stephen Graham for the rest of the season and waived forward Lee Nailon on Friday.
Graham has averaged 3 points and 1.7 rebounds in six games with Cleveland after being signed to a pair of 10-day contracts on Feb. 6 and 20. He was released Thursday when the Cavaliers acquired Nailon in a trade with Philadelphia and obtained Flip Murray from Seattle for Mike Wilks in an exchange of guards.

Graham also played six games for Houston and three for Chicago this season and is averaging 2.7 points and 1.3 rebounds in 15 games overall.