Delly, McCollum

The Cavs make Matthew Dellavedova a restricted free agent, reports Chris Haynes.

(Joshua Gunter, cleveland.com)

CLEVELAND, Ohio - The Cleveland Cavaliers will extend a qualifying offer to backup point guard Matthew Dellavedova that will make him a restricted free agent come July 1, a league source informs cleveland.com.

Cleveland faced a June 30 deadline to issue the $1.4 million qualifying offer. In doing so, the world champs would have three days to match any offers competitors present.

Dellavedova, 25, outplayed the $1.1 million he performed on during the 2015-16 campaign. He had career-high marks of 7.5 points, 4.4 assists and shot the three-ball at 41 percent in 76 games. But he saw relatively little action in the NBA Finals victory over Golden State, replaced by Mo Williams in the final games.

Rival executives anticipate Dellavedova receiving a floor salary of $8 million and if that's the case, the Cavaliers will have a difficult decision to make.

The Cavaliers selected Oakland University point guard Kay Felder with the 54th pick in last week's NBA Draft as an insurance policy. They paid $2.4 million to acquire the pick from the Atlanta Hawks.