He's on a rampage through the league - the Cavs will be asking for the moon. But everyone else in the league is going to be terrified that Varejao goes down for the season after they overpay for him.
I think there will be too much distance between the Cavs' estimation of Varejao and the available buyers' ability to pay for a bargain to be struck.
Sadly, I predict that Varejao will spend his golden years toiling for one of the worst rosters in the league.
Why are they one of the worst rosters in the league? They have one of the best young players in the league, and a ton of assets. I really don't think Cleveland gets enough credit for the position they are in right now. They have their superstar, and are poised to surround him with very good players. Just give it a little time.
Cleveland has a star PG in the making in Kyrie Irving and an above average starting big man in Varejao (30 years old, only played a combined 56 games in last two seasons). .
Their other three starters (Waiters, Gee, T.Thompson) are amongst the worst in the league at their positions. Tristan Thompson is an amazing athlete with little to no basketball skills. Dion Waiters is struggling mightily to create offense (36% FG%). Alonzo Gee lacks the size/athleticism and skill-level to make it as a starting SF in the league.
There is some potential there with Thompson and Waiters but neither look like sure-things at this point. Alonzo Gee is a solid bench player who is being asked to fill too large a role.
Little of note on the bench - Jeremy Pargo, Daniel Gibson, CJ Miles, Omri Casspi, Sandro Samuels, Tyler Zeller, Jon Leuer.
One of the worst benches in the league.
This is a weak team with a lot of uncertainty about it's future (outside of Kyrie Irving).
I don't think you are giving their young guys (outside of Irving of course) enough credit. Thompson looks like he is the 4th best player from his draft (Irving, Faried, Valanciunas) and is getting better. Waiters looks like he will be a scoring monster. He is inefficient, but he is also a rookie playing a lot of minutes with a big role on his team. That is not easy. Zeller looks pretty good in his limited role. Boobie Gibson is still only 26.
I think if Irving can get and stay healthy he just makes that team, but they have some guys who like legit. Couple that with the high draft pick they will have this year (along with Miami's and their own very high 2nd), so they appear headed to Cody Zeller, Nerlens Noel, or one of the top tier guard/wings, so they should add that one other piece they will need.
Couple that with the hugely valuable asset that is Varejao, who they will move at some point in the next year, and I think they should be a pretty solid team in 3 years or so. In fact if they could add Leonard, Blair, and Bonnar for Varejao (the trade discussed by Chad Ford), that sets them at PG, SG, SF, and PF. Say they add Noel, that sets them at center with some solid young players on the bench (Zeller, Blair, Gee, Casspi, Gibson).
I think they are positioned fairly well and they will have a lot of cap room the next couple of summers in which they could add a star.