The Toronto Raptors are signing free-agent guard Patrick McCaw for the rest of the season, league sources told ESPN. The contract was for two years and $6 million, but the Cavs gave themselves an out and waived McCaw after just three games.
McCaw was sidelined for nearly two months with a bone bruise in his lower back near the end of last season after a horrific fall during a game at Sacramento.
The Warriors didn't match the offer, making McCaw a member of the Cavs.
The league is investigating for a potential agreement between McCaw or his agent, Bill Duffy, and the Cavs on a promise of waiving him before the deadline. Teams often either promote their two-way players to a full National Basketball Association contract (there is no obligation to keep both G League two-way spots full) or target an unrestricted free agent to keep for the short term.
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If the Cavs and McCaw arranged to waive McCaw before the contract was official, it would be a violation of league rules and could result in some dire consequences.Namely, the Cavs could be fined and be lose their first-round pick.
The NBA is trying to find out if there was any wrongdoing when the Cavs signed McCaw to a deal in late December, when McCaw was a restricted free agent with the Golden State Warriors.
In three games so far this season, the 23-year-old is averaging 1.7 points per game in just under 18 minutes of action.
The circumstances were weird and raised questions about Cleveland's motivation to sign and release a player off the roster of their frequent NBA Finals rival.