McCaw signing offer sheet with Cavaliers

Patrick McCaw set to move on from Warriors and sign offer sheet with Cavaliers, per report

The Cleveland Cavaliers have signed Golden State Warriors restricted free agent Patrick McCaw to a multiyear offer sheet, the team announced Friday. The Warriors or Cavs could waive McCaw before January 7, and they wouldn't be liable for the rest of his salary.

Back in October, Golden State was willing to offer McCaw two years and $5.2 million, but the third-year guard declined that, per The Undefeated's Marc Spears.

Last week, Chris Haynes of Yahoo Sports reported that the Warriors plan to match any offer that McCaw would receive on the open market.

McCaw averaged four points in 57 appearances for the defending champions last season.

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According to a report, the Warriors are waiting for the electronic arrival of the signed offer sheet before they decide whether or not they will match Cleveland's offer.

If the Warriors choose to keep McCaw, it could cost substantially more than just his salary figure because of luxury-tax ramifications.

However, there are a few reasons why Golden State might think twice before matching the deal.

In McCaw's stead, Alfonzo McKinnie has emerged from the basketball wilderness to seize a role as a reserve wing.

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