Patrick McCaw is the NBA’s last unsigned restricted free agent.
Don’t expect a resolution before the Warriors start training camp Tuesday.
arc J. Spears of ESPN:
McCaw has a $1,712,601 qualifying offer outstanding. He could unilaterally accept that, negotiate a larger contract with Golden State or sign an offer sheet with another team.
At this point, it seems unlikely another team will sign him to an offer sheet. Why wouldn’t an interested team have done so sooner? However, the Jimmy Butler trade saga offers the possibility of a team unexpectedly opening a roster spot this late. If that team likes McCaw and has an exception or cap space available, maybe an offer sheet could happen.
Or maybe the Warriors offer more. They might want to lock up the 22-year-old for more than the one year the offer sheet would afford.
However, if McCaw accepts his offer sheet, Golden State could make him a restricted free agent again next offseason. McCaw can’t threaten a pending unrestricted free agency.
Plus, every dollar the Warriors offer McCaw counts toward their luxury-tax bill. He’s a nice player to have and develop, but at some point, the cost becomes too great.
McCaw’s qualifying offer expires Oct. 1. It’d be quite risky for him to let that expire, as he’d remain a restricted free agent – just without the qualifying offer as a fallback. So, we’ll probably see a conclusion soon. Just not before camp opens.