Found October 12, 2012 on RealGM:
Justin Holiday was waived by the Cavaliers on Wednesday.
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Cavs Report: Waiters serves special night

Well, its only the preseason, but the Cavaliers acted too young to know any better. First, they built a 50-29 lead in dominating Chicago in the first half. Then, they held on for an 86-83 victory Friday in Champaign, Ill. -- but only after the Bulls Jimmy Butler missed a near-banked-in heave at the buzzer. Basically, the Cavs (2-1 in the preseason) looked like the inexperienced...

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Cavaliers 86, Bulls 83

Dion Waiters scored 18 points while Anderson Varejao added eight points and nine rebounds to help the Cleveland Cavaliers beat the Chicago Bulls 86-83 in an exhibition game at the Assembly Hall on Friday night. The Cavaliers took the lead 16-15 at the end of the first quarter and never gave it up. Trailing 50-29 at the half, the Bulls opened the third quarter with a 15-0 run. The...

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