The Milwaukee Bucks have agreed to terms on a contract with free-agent forward Carlos Delfino, according to sources close to the process.
The Houston Rockets were forced to waived Delfino on June 30 to ensure they had sufficient salary-cap space to sign Dwight Howard.
The Bucks swooped in to strike a deal with the rugged Argentinean swingman worth a guaranteed $6.5 million in the first two seasons -- $3.25 million per year -- and containing a team option in Year 3 that potentially increases the value of the contract to more than $9 million.
When the deal is finalized Wednesday, Delfino will join guard O.J Mayo and center Zaza Pachulia as the Bucks' new arrivals via free agency.
ESPN's Chris Broussard contributed to this report.