On Sunday, the Cavaliers released veteran guard Eric Snow for medical purposes.

"We appreciate all that Eric has done for the Cavaliers both on the basketball court and in the community," general manager Danny Ferry said. "Eric is a tremendous competitor. He had a very successful playing career and I look forward to watching his broadcasting and coaching careers unfold."

Snow suffered a left knee injury just before the start of the 2007-08 season and was limited to only 22 games that season.

"It was a great privilege and dream come true, not just to play for my hometown team, but to finish my career in front of the fans who have given me so much support throughout my career," Snow, a native of Canton, Ohio, said. "I loved the role offered to me of being a veteran the younger players could rely on, as the organization was rebuilding this franchise into a winner. The Cavaliers have done it the right way and I am proud to be a part of a new and re-energized winning tradition."

The NBA approved the team's medical insurance claim on Snow, and will not have to pay his entire $7 million contract this season.