JULY 18TH, 2:53pm: The Warriors have officially signed Douglas, the team announced today in a press release.
JULY 9TH, 2:05pm: Douglas' deal with Golden State will be for one year and $1.6MM, according to Sam Amick of USA Today (via Twitter). Barring a sign-and-trade, that means Douglas will receive either a portion of the team's mid-level or bi-annual exception.
12:40pm: The Warriors and Toney Douglas have reached an agreement on a contract, according to Jared Zwerling of ESPNNewYork.com (via Twitter). Terms of the deal aren't yet known, but I'd be surprised if a significant financial commitment was made to the David Falk client.
Douglas, 27, has played for three NBA teams over the course of his four-year career. After starting with the Knicks, he was sent to Houston in last summer's sign-and-trade deal involving Marcus Camby, then was sent to Sacramento in the six-player swap that saw the Rockets land Thomas Robinson.
Although he averaged 9.8 PPG and recorded a 15.1 PER in his first two seasons in the league, Douglas has fallen off slightly over the last couple years, with those averages slipping to 7.1 and 11.3 respectively. Douglas won't assume the sort of role Jarrett Jack had with the Warriors, but he'll provide an extra body in the backcourt, and should see some playing time at the point.