The Toronto Raptors are reportedly taking a chance on Patrick McCaw. According to Shams Charania of The Athletic, the 23-year-old is signing a one-year, $786,000 deal with the franchise.
MORE: Fast facts: who is Patrick McCaw?
The move will increase Toronto's luxury tax bill by $2.56 million, ESPN's Bobby Marks added.
Sources: Pat McCaw plans to sign one-year, $786K veteran's minimum deal with the Toronto Raptors. McCaw has cleared free agency waivers.- Shams Charania (@ShamsCharania) January 9, 2019
The Milwaukee Bucks drafted McCaw with the 38th overall pick in the 2016 NBA Draft. He was then traded to the Golden State Warriors, where he played for two seasons and won a couple of championships.
McCaw most recently played for the Cleveland Cavaliers. He signed a non-guaranteed two-year, $6 million offer sheet with the Cavaliers in December of 2018 and appeared in three games, posting averages of 1.7 points, 1.0 rebounds and 0.7 assists in 17.7 minutes per contest.
The Cavaliers waived McCaw on Jan. 6, making him an unrestricted free agent once he cleared waivers.
The Raptors opened up a roster spot for McCaw by waiving guard Lorenzo Brown. Brown appeared in only 26 games for the Raptors this season.