Agent Patrick McCaw signs with Raptors after being waived by Cleveland

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But McCaw lasted less than 10 days with the Cavs.

McCaw was a free agent after being waived by the Cavaliers on Sunday, a week after the Warriors declined to match Cleveland's offer sheet.

Following a holdout in Golden State, McCaw signed with the Cleveland Cavaliers, but was waived after just three games, which could ultimately cost The Land a draft pick as punishment.

The Raptors are committing much less money than that, securing McCaw to a one-year veteran's league-minimum deal worth $786,000. It was a weird situation.

The Toronto Raptors are reportedly taking a chance on Patrick McCaw. He agreed to an offer sheet with the Cleveland Cavaliers on December 28, which the Warriors elected to not match.

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McCaw will go from the worst team in the Eastern Conference to the top team, although he won't face the Warriors this season - unless it's in the NBA Finals. Initial reports when McCaw was waived said the Cavs hoped to bring him back on a differently structured deal, but there had been no indication since that it would happen. He also will, once again, be a restricted free agent in the summer of 2019.

Cavs fans should be anxious about missing out on Zion Williamson (or R.J. Barrett, if you prefer), but the reason is the new draft lottery odds, not a possible punishment for doing Patrick McCaw a solid.

McCaw cleared waivers on Wednesday after being released by the Cleveland Cavaliers earlier this week.

As the Cavs were losing yet another game Tuesday night, Cavs fans everywhere started freaking out over the notion that the team might lose a first-round pick.

The Milwaukee Bucks drafted McCaw with the 38th overall pick in the 2016 NBA Draft. Then, just before his deal would have become guaranteed, the Cavaliers abruptly cut him.