OAKLAND — A person with knowledge of the deal says the Warriors and Marreese Speights have reached an agreement on a free-agent contract.
The person spoke to The Associated Press on condition of anonymity Monday because teams can't announce moves until the new league year begins Wednesday. Yahoo Sports reported it was a three-year agreement.
Speights should help fill the void left by power forward Carl Landry, who agreed to a four-year, $26 million deal with the Sacramento Kings on Sunday. Speights averaged 10.2 points and 5.1 rebounds in the final 39 games with Cleveland after coming over in a trade from Memphis last season.
Speights decided not to opt into the final year of a contract with Cleveland that would have paid him $4,515,000.
He will likely come off the bench for the Warriors at both power forward and center.
It is possible the Warriors will try to arrange a sign-and-trade deal with the Cavaliers.
Meanwhile, Yahoo Sports reported the Warriors are involved in a three-team, sign-and-trade deal that sends a trade exception and Utah Jazz free agent guard Randy Foye to the Denver Nuggets. Denver will sign-and-trade forward Andre Iguodala to Golden State for the four-year, $48 million contract he agreed to sign with the Warriors. This creates a $12 million trade exception for the Nuggets, which they have a year to use before it expires.
The sign-and-trade allows the Warriors enough cap space to sign first-round pick Nemanja Nedovic and gives them the midlevel salary exception to sign another free agent. The Warriors will send the Jazz a future second-round pick in the deal.
Utah will sign-and-trade Foye to the Nuggets on a three-year, $9 million deal, with a team option on the third year. — Wire report