Cueto, 33, was 3-2 with a 3.23 ERA in nine starts last season before he was shut down. He is in the fourth year of a six-year, $130 million contract.
The Memphis Grizzlies have signed Jarrod Uthoff to a 10-day contract.
Uthoff has averaged 18.9 points, 10.7 rebounds, 1.38 steals and 1.15 blocks in 34.9 minutes in the G League for the Memphis Hustle while shooting 49.0 percent from the field, 36.3 percent from three-point range and 79.0 percent from the free throw line.
The Grizzlies have also waived Dusty Hannahs.