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Cavaliers sign Kansas forward Billy Preston to two-way contract

LAS VEGAS -- The Cavaliers signed enigmatic forward Billy Preston to a two-way contract, general manager Koby Altman said.

Preston, 20, who went undrafted last month, was already with the Cavs for their NBA Summer League games in Las Vegas, which started Friday. They signed him before seeing him play. In more ways than one.

Preston was a McDonald's All-American in high school and went to Kansas last year, but never played for the Jayhawks because of an investigation NCAA investigation into the financing of a car he crashed.

Preston then went to Europe to play with BC Igokea of the Adriatic League, but returned to the United States in March because of a shoulder injury.