Sources: Nets, Mirza Teletovic agree

Updated: July 3, 2012, 6:55 PM ET
By Chad Ford | ESPN.com

This story has been corrected. Read below

The Brooklyn Nets reached a verbal commitment with Bosnian forward Mirza Teletovic, 26, on a three-year deal worth $15.675 million, according to sources close to the process.

The Nets will use their full mid-level exception to sign Teletovic.

The 6-foot-9, 250-pound Teletovic averaged 22 points and six rebounds per game for Caja Laboral in the Euroleague this season.

He reached a 2 million euro buyout with his club in June so that he could play in the NBA this upcoming season.

A July 3 story about the Nets signing Mirza Teletovic misidentified his nationality. He is Bosnian.

Chad Ford

Senior Writer, NBA Insider

SPONSORED HEADLINES

EDITORS' PICKS

  • Hard To Believe
    Derek Jeter is about to begin his final home series facing the Red Sox in the Bronx.
  • O No
    Giants WR Odell Beckham Jr. won't play against the Lions and isn't even close.
  • Super Addition?
    The Jets signed a new cornerback for the second day in a row, Phillip Adams.
  • Murray Gets Confidence Boost
    Murray moves on
  • Driven Up A Wall
    The Mets committed three costly errors in the eighth of a maddening loss at Miami.

MORE NBA HEADLINES