Found July 05, 2012 on Waiting For Next Year:

From the Cavaliers-

“The Cleveland Cavaliers have signed 2012 NBA Draft picks, guard Dion Waiters (Syracuse) and forward/center Tyler Zeller (North Carolina), to contracts, Cavaliers General Manager Chris Grant announced today from Cleveland Clinic Courts. Per league and team policy, terms of the contracts were not announced. Waiters, 20, was selected by the Cavs with the fourth overall pick in the 2012 NBA Draft. Zeller, 22, was drafted 17th overall by the Dallas Mavericks and his draft rights were acquired by the Cavs in a draft night trade.”

The News Herald’s Bob Finnan speculated on twitter that Waiter’s deal is for 4 years $16.7 million. Zeller’s is for 4 years and $7.4 million. They are both 2-year deals with 2 year options. Following those rookie deals, Waiters and Zeller could be restricted free agents.

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