(NEW YORK) — Not to be lost in the madness that was LeBron James’ announcement, Vince Carter is also reportedly on the move. Sources say the veteran shooter spent Friday finalizing a three-year deal to join the Memphis Grizzlies.
Sources say the contract is worth $12.2 million per year, luring Carter away from the Dallas Mavericks. Memphis had attempted to get the shooting guard via a trade in 2013 but ended with Tayshaun Price after Dallas backed out of the talks. The Grizzlies were also hoping that Mike Miller would re-sign, but the small forward informed the team that he would not return for next season.
The Mavs were hoping to re-sign Carter by utilizing the cap-room exception owrth $2.7 million per year. Reports say that Carter had told Dallas that he would return to the team for a two-year deal worth $8 million. However, that number would only be possible if the Houston Rockets chose to match the offer give to Chandler Parsons.
Copyright 2014 ABC News Radio
Seth Fiegerman, CNN