Cavaliers sign McCaw to reported 2-year, $6M offer sheet

Restricted free agent Patrick McCaw signed an offer sheet with the Cleveland Cavaliers on Friday worth $6 million over two years, according to ESPN's Adrian Wojnarowski.

The Golden State Warriors will have an opportunity to match the deal and reportedly remain intent on retaining McCaw despite his interest in playing elsewhere.

The reported contract is non-guaranteed and the Cavaliers or Warriors could waive McCaw by Jan. 7 and not pay the remainder of his salary. This would allow him to become an unrestricted free agent.

The 23-year-old reportedly rejected a two-year, $5.2-million deal to stay with the Warriors this summer, as well as his $1.7-million qualifying offer.

If the Warriors choose to match the Cavaliers' offer sheet for the disgruntled guard, it will increase their tax bill from $50.3 million to $61.6 million, according to ESPN's Bobby Marks.

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