With LeBron James in tow, the Cleveland Cavaliers aren't going to be bashful when it comes to signing checks.
Case in point: The Cavaliers officially inked center Anderson Varejao to a three-year extension worth $30 million on Friday.
Yahoo Sports' Adrian Wojnarowski passed along the contractual details:
On the surface, it's admittedly a puzzling agreement. This season, Varejao's base salary sits at $9.7 million, according to ShamSports.com, and the new deal will actually bump his average annual earnings up to $10 million.
That's a pretty penny to pay for a 32-year-old center with an extensive medical record.
Varejao has been limited so much, in fact, that he hasn't appeared in more than 65 regular-season games since the 2009-10 season.
Specifically, Varejao has appeared in just 148 of the Cavaliers' past 314 games (dating back to the start of the 2010-11 season), meaning he's logged minutes in a meager 47.1 percent of the team's regular-season contests during that four-year span.
But Cavaliers owner Dan Gilbert didn't ma ...
Read Full Article at Bleacher Report - NBA
Article written by Alec Nathan
Why the Cavaliers Gave Aging Anderson Varejao a $30 Million Contract Extension
November 1st, 2014 by Alec Nathan Leave a reply »
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