Latest posts by Sam Amico (see all)
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The Cavaliers are under investigation by the league office after signing Patrick McCaw to a two-year contract, then waiving him a week later, according to Mark Medina of the San Jose Mercury News.
If found guilty, the Cavs could be fined and possibly lose a first-round pick, Medina explained.
McCaw was a restricted free agent with the Golden State Warriors when the Cavs signed him to a deal that was reportedly worth $6 million. But the Cavs waived McCaw on Sunday, one day before his contract would’ve become guaranteed for the season.
As Medina noted, Marc Stein of the New York Times reported that the Warriors offered no response to a question about the Cavs’ move.
“The NBA immediately had suspicions that McCaw and the Cavaliers reached an agreement to waive him so he could become an unrestricted free agent,” Medina wrote, citing sources.
“McCaw’s representatives say that is not the case. Cleveland may have found the terms enticing so they could evaluate a young wing player without any risk. The Cavaliers then waived McCaw on Sunday to sign free-agent guard Cameron Payne to a 10-day contract.”
McCaw appeared in just three games with the Cavs and totaled 18 minutes before being waived. He was holding out with the Warriors after spending his first NBA seasons with the franchise.
“Under the terms of the league’s Collective Bargaining Agreement, the NBA forbids teams and players to make any ‘unauthorized agreements’ that involve making any deals ‘express or implied, oral or written, or promises, undertakings, representations, commitments, inducements, assurances of intent, or understandings of any kind’ that are ‘concerning any future Renegotiation, Extension, or other amendment of an existing Player Contract.'”