Cleveland Cavaliers, 2016: Mo Williams

Cleveland Cavaliers Mo Williams will pick up his player option and return to the Cavaliers for the 2016-17 season.

(Chuck Crow, The Plain Dealer)

CLEVELAND, Ohio - Cleveland Cavaliers guard Mo Williams will bypass becoming an unrestricted free agent this summer to pick up his player option for the 2016-17 season, league sources informed cleveland.com.

Williams, 33, signed a modest two-year, $4.3 million deal last season and the second year contained a player option. The deadline for him to opt out is June 16, a league source told cleveland.com. He will earn approximately $2.2 million next season.

The Cavaliers are aware of his intentions.

The 14-year veteran averaged 8.2 points and shot 35 percent from long distance in 41 games this season. A knee injury caused him to miss significant time and made it difficult for him to retain a rotation spot.

When healthy, he's proven to still be a productive player at the point guard position. He scored 52 points in a game last season as a member of the Minnesota Timberwolves and posted numbers of 17.2 points and 6.0 assists for the Charlotte Hornets that same year.