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Report: Cavs guard Mo could be on the go

Cavaliers guard Mo Williams is contemplating retirement, according to a report from

Williams, 33, struggled in the second half of the season with a knee issue that greatly reduced his ability to create.

The NBA champion Cavs appear open to trading Williams, but are handcuffed with the salary cap and luxury tax. In the event Williams were dealt, the receiving team could immediately waive him.

The Cavs could also potentially waive Williams themselves via their stretch provision, as noted. But they will have to act quickly -- with Saturday being the deadline to use the provision.

Losing Williams would deplete what is already a shaky situation at backup point guard. After moving Matthew Dellavedova in a sign-and-trade with the Bucks, Williams and rookie second-round pick Kay Felder are the only point men behind Kyrie Irving.

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The Cavs are said to be interested in free agent Norris Cole, a Cleveland State product who may or may not be represented by Rich Paul -- the same agent for Cavs forward LeBron James, center Tristan Thompson and unsigned shooting guard J.R. Smith.

Reports have surfaced lately that Paul and Cole had a falling out and have parted ways. Cole is also said to have drawn strong interest from the Timberwolves.

No matter, the Cavs have zero wiggle room under the cap, and signing Cole would be near impossible.

Williams is 6-foot-1 and just completed his 13th season, including his second stint with the Cavs. He averaged 8.2 points on 43 percent shooting last year, playing 41 regular-season games.

He is due to earn about $2.2 million in 2016-17.