TUESDAY, 7:39am: Foye's deal with the Jazz is worth $2.5MM over one year, according to Jerry Zgoda of the Star Tribune (via Twitter). It appears the team used a portion of its mid-level exception for the signing.
The Knicks have long been linked to the Tri-state area native, but the shooting guard did not factor into their plans. The Mavericks, Rockets, Hawks, Suns, and Bucks were all said to be interested in Foye as well but the Jazz were never known to be among his suitors.
Foye, 29 in September, hooked on with the Clippers as a free agent in the summer of 2010 on a two-year, $8.5MM contract. In two years with Los Angeles, Foye averaged 10.4 PPG and 2.5 RPG in 25. 3 minutes per contest. For his career, the former seventh-overall pick has put up 11.6 PPG and 3.2 APG.
The Villanova product joined the Clips' starting lineup last season after Chauncey Billups' season ending injury and shot 39% from long range, his best of any full season. As a team, the Jazz shot just 32.3% from beyond the arc in 2011/12.