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JULY 9TH, 9:31am: The deal is official, the team announced.
9:07am: The guaranteed portion is worth almost $45MM, and it’s incentives and non-guaranteed money that could make it worth $60MM, sources told Marc Stein of ESPN.com.
JULY 2ND, 8:59am: The agreement is finalized, tweets John Reid of The Times-Picayune, though the contract itself can’t become official for another week, when the July Moratorium ends.
11:32pm: The final year of the deal is not guaranteed, Stein adds (Twitter link).
11:18pm: Asik’s proposed deal would be for five years, $60MM, Adrian Wojnarowski of Yahoo! Sports tweets.
JULY 1ST, 9:56pm: The Pelicans and free agent Omer Asik are finalizing a deal that would bring the center back to New Orleans next season, Marc Stein of ESPN.com reports (Twitter links). The contract details are still being hammered out, but the two sides are expected to reach a verbal agreement by the end of the night, Stein adds.
Asik appeared in 76 contests for the Pelicans last season, averaging 7.3 points, 9.8 rebounds, and 0.7 blocks in 26.1 minutes per night. His career numbers through 354 games are 5.9 PPG, 7.7 RPG, and 0.9 BPG, with a slash line of .531/.000/.553.