Cavaliers Match Offer Sheet to Retain Anderson Varejao

Varejao

Nichols

CLEVELAND – December 5, 2007 - The Cleveland Cavaliers have matched the Charlotte Bobcats’ contract offer sheet signed by Anderson Varejao, General Manager Danny Ferry announced this morning. By matching the Bobcats’ contract offer sheet, Varejao will now be under contract with the Cavaliers. Per the NBA’s Collective Bargaining Agreement, terms of the contract were not disclosed.

During the 2006-07 season, Varejao, 25, played in 81 games (six starts) averaging 6.8 points per game, 6.7 rebounds per game and 23.9 minutes per game. During the 2007 NBA Playoffs, he played in all 20 games and averaged 6.0 points and 6.0 rebounds in 22.4 minutes per game. Varejao has played in 183 career games (10 starts) and has averaged 5.6 points and 5.7 rebounds in 19.4 minutes per game. He has played in 33 career playoff games and has averaged 6.3 points and 5.4 rebounds per game.

The Cleveland Cavaliers have also waived guard/forward Demetris Nichols. He played in three games for Cleveland and scored two points and grabbed one rebound in 14 minutes.

The Cavaliers roster now stands at 15 players.