Clippers Sign Milos Teodosic

Aug 19, 2016; Rio de Janeiro, Brazil; Serbia point guard Milos Teodosic (4) shoots the ball against Australia power forward Aron Baynes (12) during the men's basketball semifinal in the Rio 2016 Summer Olympic Games at Carioca Arena 1. Mandatory Credit: Jeff Swinger-USA TODAY SportsJULY 10, 3:27pm: Teodosic has officially signed his contract with the Clippers, according to a tweet sent out by his agency.

JULY 6, 1:44pm: European point guard Milos Teodosic has reached an agreement with the Clippers, tweets Adrian Wojnarowski of ESPN.com. It will be a two-year, $12.3MM contract with a player option on the second season (Twitter link).

Several teams have been in competition for the 30-year-old, who is considered to be one of the top players outside the NBA. He was reportedly seeking a three-year deal worth $25MM to $30MM, but his new contract is substantially less, at least in the first season.

The Heat, Kings, Nuggets, Jazz, Nets, Bulls and Timberwolves were among the other teams that expressed interest. Minnesota offered its room exception, but understood that he could get more money elsewhere, tweets Darren Wolfson of 5 Eyewitness News. Brooklyn decided that Teodosic’s defensive shortcomings made him a poor candidate for big money or big minutes, according to NetsDaily (Twitter link).

A star with Serbia at the 2016 Olympics, Teodosic made his current team, CSKA Moscow, one of the best in the Euroleague. He has averaged 16.1 points per game over the past two seasons and 6.5 assists over the last three. The Russian squad was hoping to keep him, but admitted that it couldn’t compete financially with NBA teams.

Teodosic’s signing may end the Clippers’ interest in Derrick Rose, who met with the team on Wednesday. With Patrick Beverley and Lou Williams already on the roster, there doesn’t seem to be any room for Rose.

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