Jefferson was waived by the Cavaliers on Thursday, Dave McMenamin of ESPN.com reports.

EDGE Analysis

With the Cavaliers officially completing their preseason slate of games, they've started to cut down their roster, with Jefferson, Markel Brown and Jonathan Holmes all being released Thursday. Jefferson had a decent preseason and could attract some interest elsewhere, although the most likely scenario is that he starts the season with the Cavaliers D-League affiliate, the Canton Charge.