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Cavs match offer for Varejao

By Beacon Journal staff report

The Cavaliers have matched the Charlotte Bobcats' contract offer sheet signed by Anderson Varejao, General Manager Danny Ferry announced this morning.

After months of being unable to get a deal done with the Cavaliers, Varejao accepted a three-year, $17.4 million offer sheet from the Charlotte Bobcats late Monday. The deal has an opt-out clause after two seasons, which is the key part of the deal.

The Cavs waived guard/forward Demetris Nichols to make room for Varejao on the 15-man roster. Nichols played in three games for Cleveland and scored two points and grabbed one rebound in 14 minutes.

Cleveland Cavaliers forward Anderson Varejao reacts to a foul call against him during first-half action in game five of their NBA second round Eastern Conference playoff series against the New Jersey Nets at the Quicken Loans Arena on Wednesday, May 16, 2007, in Cleveland, Ohio. (Ed Suba Jr./Akron Beacon Journal)

The Cavaliers have matched the Charlotte Bobcats' contract offer sheet signed by Anderson Varejao, General Manager Danny Ferry announced this morning.

After months of being unable to get a deal done with the Cavaliers, Varejao accepted a three-year, $17.4 million offer sheet from the Charlotte Bobcats late Monday. The deal has an opt-out clause after two seasons, which is the key part of the deal.

The Cavs waived guard/forward Demetris Nichols to make room for Varejao on the 15-man roster. Nichols played in three games for Cleveland and scored two points and grabbed one rebound in 14 minutes.



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