12:05pm: McRae will earn more than $700K on his new deal with Baskonia, according to Pick (Twitter link).
McRae, 26, spent most of the 2016/17 season in Cleveland after joining the Cavaliers down the stretch in 2015/16. In 37 games last season, the 6’6″ guard averaged 4.4 PPG and 1.1 RPG with a shooting line of .387/.353/.794. The club waived McRae shortly after the All-Star break in order to create room on the roster to sign Andrew Bogut, whose time in Cleveland was short-lived.
McRae is the second NBA free agent landed by Baskonia this offseason, as the team also signed point guard Marcelo Huertas. McRae and Huertas will help fill the backcourt void created when Shane Larkin departed to sign with the Celtics — Larkin was one of the Euroleague’s top point guards last season, and was Baskonia’s leading scorer in both Euroleague and Spanish League play.
According to Pick, McRae turned down offers from Israeli team Maccabi Tel Aviv before reaching an agreement with Baskonia. Maccabi continues to scour the NBA free agent market for backcourt help, having reportedly extended an offer to veteran guard Norris Cole, as we detailed earlier today.