The Spurs are finalizing a contract with former Blazers guard Patrick Mills, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Sam Amick of Sports Illustrated tweets that it will be a two-year deal.
Amick adds via Twitter that the deal will include a player option in the second year, worth about $1MM. The Blazers renounced Mills' rights this morning, the team confirmed via Twitter.
According to a tweet from Chris Haynes of CSNNW.com, the Pistons also wanted to sign Mills. The Rockets were interested in the guard, too, as Jonathan Feigen of the Houston Chronicle reported earlier today. The Spurs were also reportedly interested in Derek Fisher, whom the Rockets are rumored to be buying out. San Antonio was searching for a point guard after the abrupt retirement of T.J. Ford this week, who was subsequently shipped to Golden State for financial reasons in the Stephen Jackson-Richard Jefferson deal. The Warriors have waived Ford, according to Marc J. Spears of Yahoo! Sports.
Mills, a 2009 second-round pick out of St. Mary's College, averaged 5.1 points and 1.5 assists in two seasons as a backup in Portland. He signed with a Chinese team earlier this season, but has received FIBA clearance to join an NBA team.