Cavs appear to have miscalculated in Varejao dealings

When Anderson Varejao signed an offer sheet with Charlotte, a scenario the Cavs did not plan for unfolded, Ric Bucher writes.

Originally Published: December 4, 2007
By Ric Bucher | ESPN The Magazine

The Cleveland Cavaliers figured restricted free agent Anderson Varejao had three options: sign a five-year deal with them on their terms, play for a pittance in Europe or sit unpaid in his Brazil home for the rest of the season.

They figured way wrong.

By signing a three-year qualifying offer worth $17.4 million Tuesday from the Charlotte Bobcats, Varejao and his agent, Dan Fegan, now have presented the Cavs with an even shorter menu of far less appetizing options: match an offer ...

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