After the Cleveland Cavaliers lost to the Golden State Warriors in five games in this year's NBA Finals, it became apparent that they need more "firepower" to compete with the Warriors. There were many speculations and trade rumors about Paul George maybe signing with the Cavaliers, but it's clear now that George isn't coming to Cleveland this summer. He was traded to the Oklahoma City Thunder earlier this week, even though many believed he would end up with the Cavaliers after all.

Since they failed to acquire George, the Cavs have decided to focus their attention on some other players. It was reported a couple of days ago that the Cavaliers have strong interest in signing Patrick Beverley and Zach Randolph, but no deal was made yet. On Saturday night, Cleveland made their move. Brian Windhorst of ESPN reported that the Cavaliers signed Jose Calderon to a one-year deal worth $2.3 million.

Kyrie Irving's backup

According to ESPN, Calderon will sign a one-year deal for the veteran's minimum that will give him somewhere around $2.3 million for the next season. He will be the backup point guard for the Cavaliers, playing behind All-star Kyrie Irving. Calderon is a 12-year veteran and he will turn 36 in September. He is a 40% three-point shooter for his career, and last season he averaged 3.4 points per game playing for the Atlanta Hawks and the Los Angeles Lakers.

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Cleveland Cavaliers

He spent the first seven seasons of his career with the Toronto Raptors, and his best season was during the 2008/2009 campaign, when he averaged 12.8 points and 8.9 assists per game. While Calderon is a solid shooter and a experienced playmaker, his contribution on the defensive end is very questionable. The decision to sign Calderon will likely mean that the team will part ways with Deron Williams.

JJ Redick commits to the 76ers

Adrian Wojnarowski of ESPN reported on Saturday night that the Philadelphia 76ers signed Jj Redick to a one-year deal. Redick was a free-agent this summer, and reportedly he signed a one-year $23 million contract with the 76ers.

Redick spent the last four seasons with the Los Angeles Clippers, and he is one of the best three-point shooters in the league.

He just turned 33, and he will bring a much needed veteran presence to this young Philadelphia team. Last season with the Clippers, Redick averaged 15.0 points per game while shooting nearly 43% from behind the arc. After the deal was made, Redick took to Twitter to express his satisfaction on joining the 76ers.

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