Sources told ESPN.com that the Warriors and Varejao have finalized a one-year deal that will bring the Brazilian back to Oakland after Golden State signed the longtime former Cleveland Cavalier in March.
Varejao, 33, spent the first 11 seasons of his career with the Cleveland Cavaliers after being selected 30th overall in 2004. He joined the Warriors following the 2016 trade deadline after he was moved to the Portland Trail Blazers and then waived.
During the Warriors' playoff run to the NBA Finals, he averaged 5.5 minutes and 1.2 points a game.
Information from ESPN's Royce Young was used in this report.