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Bob Myers Explains Why Warriors Declined Patrick McCaw Offer Sheet

Patrick McCaw is now a member of the Cleveland Cavaliers.

The guard, who spent his first two seasons in the NBA with the Golden State Warriors is now poised to suit up for their finals opponents from last season following their offer of a two-year deal which was not matched by the defending champions, who could have kept the player around as he was a restricted free agent.

McCaw had indicated that he did not want to remain with the Dubs while the team allowed the deadline for the matching of an offer sheet to pass after the Cavs made their move. And general manager Bob Myers has offered an explanation on why they decided to pass up on the opportunity to keep a player they clearly valued.

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"We can't ignore where we are financially," Myers said via NBC Bay Area. "Fortunately working with (CEO Joe Lacob) and our ownership group, they've never been monetarily driven in a direction. It's always been about winning and staying as competitive as we can.

"But at the same time, understanding we would like to add another piece at some point at the big spot, it would have meant then probably having to release someone to clear another spot to add another big."

Had the Warriors matched the offer, they would have paid $3 million in salary plus around $11.25 million in luxury taxes. Their tax bill, already at $50 million, would have surpassed $61 million if they had opted to keep the guard.

The team decided that it was not financially sensible to pay such an amount for a reserve player especially as they're sifting through the market for a big man.

"If it had made sense, and everything else lined up, and if it was the right thing to do, we would have done it," Myers continued. "I don't think the financial part was the only reason, but it was a reason we had to look at and be cognizant of and aware of. That combined with everything else made for our decision to not match."

What This Means

There were also questions over whether McCaw would have been accepted back into the locker room after his holdout, but Myers insisted that the player would have been welcomed back by everyone.

It now appears that the Warriors will be signing a center at some point, despite getting set to introduce DeMarcus Cousins to their lineup soon.

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