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Reports: Patrick McCaw signs offer sheet with Cleveland Cavaliers

By Simon Hannig

OAKLAND, CA - MARCH 23: Patrick McCaw #0 of the Golden State Warriors goes to the basket against the Atlanta Hawks on March 23, 2018 at ORACLE Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2018 NBAE (Photo by Noah Graham/NBAE via Getty Images)
OAKLAND, CA - MARCH 23: Patrick McCaw #0 of the Golden State Warriors goes to the basket against the Atlanta Hawks on March 23, 2018 at ORACLE Arena in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2018 NBAE (Photo by Noah Graham/NBAE via Getty Images) /
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The Cleveland Cavaliers have signed Golden State Warriors restricted free agent Patrick McCaw to a two-year, $6 million deal, according to multiple reports.

Patrick McCaw of the Golden State Warriors has finally ended his holdout with the team and decided to sign a deal with the Cleveland Cavaliers.

Adrian Wojnarowski of ESPN first reported the news.

Shams Charania of The Athletic then confirmed the news two minutes later, and so did multiple reporters.

The standoff situation between McCaw and the Warriors has been the weirdest one to date in recent memory.

The Warriors have a couple of days to match the offer sheet, but due to luxury tax reasons, they may not match the offer.

It would cost the Warriors $11.3 million to match and keep McCaw.

It will also increase the Warriors paying the tax bill.

Wojnarowski says the Cavs or Warriors (If they match) can waive McCaw before Jan. 7.

"The deal will pay McCaw $3 million in each of the next two seasons, but the Cavs or Warriors could waive McCaw before Jan. 7 and not be liable for his remaining salary."

In the same article, it re-states the Warriors offer McCaw a similar deal back in October.

"McCaw declined a two-year, $5.2 million offer from Golden State, a source told The Undefeated’s Marc J. Spears in October."

Last season, which was his second in the league, he averaged 4.0 points, 1.4 rebounds and 1.4 assists in 57 games. He shot 42.1 percent from the field and 29.6 percent from three.

Chris Haynes of Yahoo! Sports reported nine days ago the Warriors are committed to matching any offer sheet for McCaw.

Next. Golden State Warriors: 6 trading partners for Draymond Green. dark

It will be an interesting situation to watch if the Warriors decide to match, or not to match the offer sheet from the Cavaliers.

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