It’s been a bizarre summer for Patrick McCaw and his contract situation. The third-year wing entered the offseason without a contract, but was extended the qualifying offer by the Golden State Warriors.
As a refresher, the qualifying offer is a contract that gives a player a set amount for a one-year deal. That set amount is the higher number between 125% of the player’s prior salary, and $200,000 above the player’s eligible minimum contract (for McCaw it’s the latter, which is $1.7 million). Most importantly, the qualifying offer makes a player a restricted free agent, meaning their team has the right to match any contract offer.