According to some sources, Anderson Varejao received $7 million offer from the Memphis Grizzlies. Anderson can sign an offer sheet July 11th and because he is a restricted free agent, the Cavaliers will be able to match that.
The Grizzlies have about $8.3 million to spend in free agency. “They are expected to throw some of it – perhaps all of it – at the Cavs’ valuable forward/center. The Grizzlies would pair the 6-foot-10, 240-pound Varejao with 7-foot Pau Gasol in an imposing front line under new coach Marc Iavaroni.” Bob Finnan of the News-Herald said.