The Patrick McCaw saga is only hours away from its conclusion. The Cleveland Cavaliers have offered the third-year wing a non-guaranteed two-year, $6 million offer sheet, which McCaw signed. The Golden State Warriors were given 48 hours to match the contract, or let McCaw join their former rivals.
Those 48 hours expire at 8:59 p.m. PT. The clock is ticking.
Golden State has until 11:59 PM ET to match Patrick McCaw's non-guaranteed two-year, $6M offer sheet with Cleveland -- or let him join the Cavaliers.— Adrian Wojnarowski (@wojespn) December 30, 2018
The assumption since McCaw signed the contract has been that the Warriors won’t match. And with just a few hours remaining until their opportunity is gone, they appear to be strongly leaning in that direction.
Barring a late change of heart, Golden State will not match Cleveland's two-year, $6M offer sheet for Patrick McCaw, league source tells ESPN. McCaw will join the Cavaliers.— Adrian Wojnarowski (@wojespn) December 31, 2018
ESPN’s Adrian Wojnarowski reports that the team will let McCaw walk, “barring a late change of heart.” It’s unclear exactly how that change of heart would come. Perhaps a conversation with McCaw makes the team think he’s more receptive to joining them than he thought? Perhaps (and probably more likely) Joe Lacob, who is reportedly upset about the situation, decides to play hardball.
According to Mark Medina of the Mercury News, the Warriors decision making is based on everything we would have assumed: A desire to save money (McCaw’s contract would cost more than $11 million in taxes), the plan to keep the 15th roster spot open, a desire to keep Alfonzo McKinnie, and concerns about the locker room.
I can confirm this. Reasoning pretty simple. Warriors didn't want to pay $11 million in luxury taxes. They want to keep 15th roster spot. They plan to keep Alfonzo McKinnie after his contract is guaranteed on Jan. 10. And Warriors worried McCaw's return would disrupt locker room https://t.co/UodSonMbuW— Mark Medina (@MarkG_Medina) December 31, 2018
So that’s where we stand. Barring something wild, Patrick McCaw’s Warriors tenure will be over by the end of the night, and he can resume his career in wine and gold.