Daye was waived by the Cavaliers on Friday, Jason Lloyd of the Akron Beacon Journal reports.
Daye has spent the last six seasons bouncing around between numerous NBA teams. Unfortunately, he'll again be packing his bags, as the Cavaliers decided to move on from him Friday. With his intriguing size and previous experience in the league, Daye will likely get another chance with a different team. For now, though, he'll head to the open market and wait for an opportunity.