In the latest NBA news and rumors, it looks like the Cleveland Cavaliers may finally add another component to their reigning championship team. Also, the "King" LeBron James appears to have suffered an illness requiring him to miss another game as his Cavs attempt to remain as Eastern Conference contenders. Will the Cavs be able to continue on their path towards another NBA Championship as one of the top favorites, and who is the latest player set to join their lineup?

LeBron sits out vs. Bulls?

Those who say "LeBron is sick" are correct tonight, although it won't be for a highlight play or stat line.

The Cleveland Cavaliers superstar came down with an unknown illness which had him excused from practice and caused him to sit out of the team's Saturday night showdown with the Chicago Bulls. That means that Kyrie Irving will be the lone All-Star on the court for his team against Jimmy Butler, Dwyane Wade, and the Bulls.

According to ESPN, James is missing his fourth game of the season. In his place, the team was expected to start longtime player Richard Jefferson. The Cavs reserve player is averaging 5.3 points, 2.4 rebounds, and under an assist per game in the current season. Since the summer of 2014, Cleveland is just 4-18 when LeBron James does not play.

Deron Williams to join Cavs?

Days ago, it was reported that the Dallas Mavericks had bought out their guard Deron Williams.

The former All-Star was said to be on a short list of teams looking to acquire his services which included none other than the Cleveland Cavs. Not only that, but believe it or not, Williams said the Cavs were the team he wanted to join.

The former Utah Jazz floor leader and multiple time All-Star has now cleared waivers. Williams can't officially sign with the Cleveland Cavaliers until Monday, and when and if he does, it will be for the veteran's minimum.

That comes to about $900,000 in salary and luxury tax, ESPN reported.

It's been reported since September that the Cavs wanted to add a backup point guard, and more recently LeBron James has gone on record criticizing the team's lack of an improved roster for their latest campaign. Williams has career averages of 13.1 points, 6.9 assists, and 2.6 rebounds over his 11-year career making for a nice addition to a Cavs team looking to contend with the likes of Golden State for another title.