Terms of the deals announced Sunday were not disclosed.
Nogueira, whose draft rights were acquired by Toronto in June, played for the Raptors at the NBA summer league in Las Vegas, where he contributed 5.0 points and 5.8 rebounds in five games.
A first-round pick of Boston in 2013, Nogueira played for Asefa Estudiantes in Spain's Liga ACB since 2009. He averaged 6.3 points, 4.1 rebounds and 1.6 blocks in 18 games last season.
Cherry appeared in 18 games with the Canton Charge of the NBA Development League last season, averaging 11.6 points, 3.7 rebounds and 4.5 assists. Undrafted in 2013 after a four-year career at Montana, he was a three-time All-Big Sky selection and finished as the school's career leader with 265 steals.