Restricted free agent guard Patrick McCaw is expected to decline his one-year, $1.71MM qualifying offer from the Warriors, Shams Charania of The Athletic tweets.
If that comes to fruition, McCaw would remain an RFA. McCaw was reportedly offered a two-year contract from the Warriors but also plans to turn that down. The previous report indicted it was a $4MM offer but ESPN’s Marc Spears tweets that Golden State proposed a two-year deal worth approximately $5MM with the second year not guaranteed.
McCaw had an October 1st deadline to sign the qualifying offer.
By NBA rules, teams are permitted to extend the qualifying offer deadline beyond that date, so the Warriors could leave McCaw’s QO on the table. However, clubs rarely agree to push back that deadline, since removing the qualifying offer from the equation improves a team’s leverage, limiting the restricted free agent’s options.
His qualifying offer is worth $200K more than his minimum salary of $1.51MM. He’s apparently willing to roll the dice with the hope that Golden State will let him go. As Anthony Slater of The Athletic tweets, McCaw could drag out the process and force the Warriors to move on without him, hoping they won’t match offer sheet once his roster spot is committed to someone else.
The Warriors have been holding a spot open for McCaw, who struggled during his sophomore season in 2017/18. In 57 games (16.9 MPG), the former second-round pick averaged 4.0 PPG, 1.4 RPG, and 1.4 APG with a .409/.238/.765 shooting line.
McCaw is the only restricted free agent left on the market.