After three games with the Cavaliers, McCaw was waived on Sunday before his contract would have been guaranteed for the remainder of the season.
The Toronto Raptors are reportedly taking a chance on Patrick McCaw.
The Raptors are committing much less money than that, securing McCaw to a one-year veteran's league-minimum deal worth $786,000.
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McCaw has appeared in 131 career games with Golden State and Cleveland, averaging 3.9 points, 1.2 assists and 15.9 minutes, and was a member of the Warriors' 2017 and 2018 National Basketball Association championship squads. The NBA had examined the two-year, $6 million offer sheet closely prior to approving it, league sources said, but found no reason to disallow it.
McCaw averaged 4 points, 1.4 rebounds and 1.4 assists in 57 games last season, his second with the Warriors after they selected him with the 38th overall pick in the 2016 draft. McCaw cleared waivers on Monday and is now an unrestricted free agent, free to sign with any team in the league.
No one is exactly sure why the Cavs chose to go through with that plan, but they are being investigated by the league for possibly salary cap circumvention. While the Cavaliers followed all the rules, and can argue McCaw played poorly in what they viewed as an audition before his contract became guaranteed, it wasn't hard to find the circumstances a bit fishy. After clearing waivers, McCaw made a decision to join the Raptors for a deal worth only $786,000.