According to Telich, the agreement to part ways might be mutual.
The 6-foot-9 forward played in 65 games with the Cavs last season, making 35 starts. He averaged 7.1 points and 3.5 rebounds per game. These were both below his career averages of 8.7 points and 4.2 rebounds per game. Prior to playing in the NBA, Casspi played professionally in Israel.
The move should free up some cash that the team can use to fill other holes on the squad.