Another summer, another old friend makes a return home for the Cleveland Cavaliers.
Veteran point guard Mo Williams has agreed to sign with the Cavs, as first reported by Yahoo! Sports' Adrian Wojnarowski and later confirmed by Williams himself.
The deal is for a reported two years and $4.3 million, which the Cavs will have to use all but $1.3 million of their mid-level exception on. The second year is a player option, similar to the deal Mike Miller signed last offseason.
Williams played for the Cavs from 2008 to 2011 before being traded to the Los Angeles Clippers in a deal that netted Cleveland an unprotected first-round pick.