Varejao signs offer sheet with Charlotte, Cleveland matches

[RegicideGreg]

This report is from a Brazilian news source stating that he has signed a two year contract with a player option for a third. Clevland can match the offer or allow Varejao to leave because of his restricted status.

http://esporte.uol.com.br/basquete/u...4356u1450.jhtm

[Glenn]

Cleveland will match quickly, IMO.

Looks like I've got some translating to do...

[Glenn]

Varejão makes right with Charlotte and waits will be release of the Cleveland Of the UOL Command Sport post São Paulo Or wing Brazilian Anderson in this Varejão made right second-fair one contract of three anuses with or Charlotte Bobcats. Or now player waits you the release of the Cleveland Cavaliers you be able you acting by its New equips in the NBA. Anderson Varejão is very close of to play with or Charlotte Bobcats in season PHOTOS TWO GAMES OF SECOND ANDERSON VAREJÃO MADE RIGHT? You Cavs, like has you the priority in the act of contract of Varejão, will have you divides you of this terça one week (I tied or day 11) you covering you two proslug Bobcats. East After period, or wing will be apt you playing in the 2007/2008 season with you shirt of 17 to number of the Charlotte. Restricted agent exempts from or day 1º of July, or Brazilian did not arrive you the one agreement stops you the renewal of its bond with you equips with you which was runner-up gives you the NBA in passed season. "is Was of the nonRio Bread and of the Pre'-Oli'mpico of Fertile valleys and this everything left chateado you me. Be wanted you command post squares, thus like very wants you playing or Pre'-Oli'mpico of anus that comes. I closed contract of one anus (like wanted or Cleveland), this not serious possible. You proslug of the Charlotte was good, and leaves calmer knowing me that goes you be released you playing for the nonPre'-Oli'mpico Brazilian election of anus that comes ", affirmed Varejão. Two contract Bobcats, inclusively, has one clause that offers it to you Anderson Varejão you the choice you remain or in equips anus will not be or third, not passing you being agent exempts. "Or Charlotte is one equips New, that has players talented (or ala/pivô Emeka) Okafor e (or to shipbuilder Raymond) Felton, and is making a good work. I have certainty that US next anuses goes you evolving and you fighting for the first positions. Now twist is you so that everything gives certain, does not see you hour you coming back playing ", said Varejão to you. Last In season, Varejão had averages of 6,8 6,7 points and bounces US playoffs Cavs hairs. Greater Its contribution to equips, not meanwhile, comes of its effort defensive and energy that had become or demijohn two two Cavs one stronger gives league. Current In season, Cleveland and Charlotte lives opposing situations. You Cavs fifth has you better campaign gives Conference East, with novates victories and novates defeats. Already Bobcats position is 11ª gives same conference you, with six victories command post 16 games.

[Timone]

Splendid job Glenn.

[Glenn]

Bobcats sign Cavaliers holdout Varejao

The Associated Press
Published: December 4, 2007

CHARLOTTE, N.C.: In need of a big man, the Charlotte Bobcats reached agreement Tuesday on a three-year offer sheet with Cleveland restricted free agent Anderson Varejao, giving the Cavaliers a week to match the deal or lose him.

Financial figures were not available. Varejao's agent, Dan Fegan, could not immediately be reached.

The 6-foot-10 Varejao has been in a prolonged contract dispute with the Cavaliers, which has kept him sidelined this season. He said last week that he would prefer to be traded.

The 25-year-old Varejao averaged 6.8 points and 6.7 rebounds last season in helping the Cavaliers reach the NBA finals for the first time.

Bobcats coach Sam Vincent has been pleading for a big man since the beginning of the season. The Bobcats lost Sean May to season-ending knee surgery in training camp. Starting center Primoz Brezec has been ineffective and was replaced in the starting lineup by rookie Jared Dudley Monday night in Toronto, the Bobcats' sixth straight loss.

Before training camp opened, Varejao turned down Cleveland's one-year, $1.2 million qualifying offer. If he had signed that deal, the former second-round pick could have become an unrestricted free agent after this season.

In late October, the Cavaliers rejected a six-year, $52 million package presented by Fegan.

Varejao is known for his energy and defense, and the move comes a day after Vincent questioned his team's focus and preparation following the 98-79 loss to the Raptors.

The Bobcats, with 15 guaranteed contracts, would have to release a player to add Varejao if the Cavaliers don't match the offer.

[RegicideGreg]

Odd the Varejao would do this if he wants out of Cleveland so bad. It is kind of a soft offer if you want to scare them away.

[Glenn]

Nobody has cap room to give him anything more than the MLE.

Must have wanted to start getting paychecks again.

I suppose that the Bobcats could try and convince Cleveland to S&T him, but in looking at the Bobcats salaries, there really isn't a good match there.

[Big Swami]

Varejao is known for his hair and dramatic flopping

[Glenn]

ESPN The Magazine's Ric Bucher reported the offer sheet is worth $17.4 million, which would fit the Bobcats' mid-level salary cap exception.

Solid reporting there.

TRANSLATION: Bucher knows how much the MLE is worth for 3 years.

[Higherwarrior]

why the hell would he sign with them in a deal like this, after such a lengthy holdout? it's like he was holding his position so firmly but then he just totally flopped at the end. (sound familiar?)

the cavs will very easily match the offer and he'll have settled for a lot less money then he wanted all along. i think the cavs original offer is even a lot more per year than this deal is.

very confusing move IMO.