“About four” teams are interested in acquiring Patrick McCaw, who was waived by the Cavaliers yesterday, a source tells Mark Medina of The San Jose Mercury News. Cleveland is believed to be among that group, although some playoff contenders have expressed interest as well.
The source isn’t clear on whether any team intends to claim McCaw off waivers or if they will all wait for him to become an unrestricted free agent. Anyone who claims McCaw would inherit the two-year, $6MM contract he signed with Cleveland last week, but the current season would become fully guaranteed.
The Cavs’ deal with McCaw turned out to be a way to get him out of his commitment to Golden State. As the final remaining restricted free agent, any offer that McCaw received could have been matched by the Warriors. By signing him to a non-guaranteed deal, Cleveland gave him a path to unrestricted free agency with a minimal financial commitment.
McCaw played just three games for Cleveland, averaging 1.3 PPG in 17.7 minutes per night. In addition to doing McCaw a favor, the Cavs wanted to open a roster spot to add point guard Cameron Payne, who signed a 10-day deal with the team yesterday.