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Varejao agrees to multiyear deal

By Chad Ford
ESPN.com

Wednesday, July 8, 2009

The Cleveland Cavaliers have agreed on a multiyear deal with free agent Anderson Varejao. The deal is worth $42.5 million over six years, and the final year is only partially guaranteed. Incentives could push the total amount to $50 million. Cavaliers general manager Danny Ferry announced the signing Thursday afternoon. The 6-11 center/forward from Brazil has played five years in the NBA, all with the Cavaliers. "Andy made it clear from the beginning of the process that his first choice w ...

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