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Old 12-04-2007, 03:57 PM   #12 (permalink)
Dr. J. Naismith
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UPDATE fellas, looks like Varejao's going to remain a Cav.

Originally Posted by Beacon-Journal
Anderson Varejao soon will be a member of the Cleveland Cavaliers again.

According to a source close to Varejao, he has signed an offer sheet with the Charlotte Bobcats worth $11.3 million over the next two seasons with an option for a third season that could make the deal worth $17.4 million. The Cavs have not received the offer sheet, but team sources said they probably will match the offer on the restricted free agent.

The Bobcats used their $5.3 million mid-level exception to sign Varejao, so that's what the Cavs would pay him this season. Varejao signed the deal Monday in Charlotte and is expected to fly to the Los Angeles headquarters of his agent, Dan Fegan, today.
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