Flopper Anderson Varejao to Be Massively Overpaid

Anderson VarejaoThe Cleveland Cavaliers have decided to give free agent power forward Anderson Varejao more money than he will ever be worth. The deal is reportedly worth an unbelievable $50 million over six seasons.

I don’t know what universe you have to live in where a guy who is incredibly weak and averaged 8.6 points and 7.2 rebounds in his best proffessional season earns a $50 million paycheck. This signing makes Toronto’s extension of Andrea Bargnani look like getting Ron Artest for the mid-level exception.

This dreadful off-season for the Prince continues to get worse.

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Mark is an 18-year old sports fanatic that founded this website back in October of 2008. He is the lead contributor for this site and a credentialed member of the media for several sports leagues and organizations. Mark's main focus is the NBA, though he also covers MLB, NFL, and International events like the Olympics and the World Baseball Classic. Follow Mark on Twitter: @Mark_Travis

4 comments to Flopper Anderson Varejao to Be Massively Overpaid

  • Eric

    It’s actually 6 years, 42.5 million, with incentives up to 50 million. I’m sure if he reaches those incentives, the Cavs will be happy. The sixth year is also not guaranteed.

    It’s virtually a MLE escalating deal, with 8% raises throughout. While Varejao might not be worth the entire length of the contract, it doesn’t hurt the Cavs cap space nearly as much as some people are letting on.

  • It’s actually 6 years, 42.5 million, with incentives up to 50 million. I’m sure if he reaches those incentives, the Cavs will be happy. The sixth year is also not guaranteed.

    It’s virtually a MLE escalating deal, with 8% raises throughout. While Varejao might not be worth the entire length of the contract, it doesn’t hurt the Cavs cap space nearly as much as some people are letting on.

    I just think that they could have used this contract plus what they are giving Anthony Parker to make a reasonable offer to David Lee. Get him and you lock up the East if you are the Cavs.

  • Eric

    Biggest problem with that is, the Cavs could offer whatever they wanted to Varejao because they owned his Bird Rights. I’m sure they would have preferred Lee, but couldn’t have offered any more than 5.8 million (the MLE) for this season, and Lee’s likely to get somewhere around 8+. Even the Knicks had supposedly offered him 4 years, 32 million…

    The Cavs certainly overpaid for Varejao, but he was probably their best option with the money they have. They did sign Anthony Parker for 2 years and 3 million per year, so they do still have about 2.8 million left of the MLE and 2 million left of the BAE… but that’s not a whole lot in terms of bullets.

  • Would you mind if the Cavs made a MLE offer to Birdman? More of a center, but definitely athletic enough to guard the pick and roll.

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