JULY 22ND: The deal is official, the team announced via press release.
JULY 16TH: The Warriors and Brandon Rush have reached agreement on a two-year deal with a player option for the final season, reports Adrian Wojnarowski of Yahoo! Sports (Twitter links). It’ll be worth a total of $2.5MM, a source tells Shams Charania of RealGM (Twitter link), a number that Woj confirms in his full story. It would nonetheless seem logical that the precise value is $2,416,649, which would be his minimum salary for this coming season and 2015/16, since capped-out Golden State is without its biannual exception this year and already committed nearly all of its mid-level to Shaun Livingston.
Rush is coming off a two-year deal worth $8MM that he signed with the Warriors in 2012, after shooting 45.2% from three-point range off the bench in 2011/12 for Golden State. He only appeared in two games the following season, suffering a torn ACL, and the Warriors shipped him to the Jazz for this past season, a year in which he saw a career-low 11.0 minutes per game.
The Mark Bartelstein client seemed on his way out of Utah late last season, and the Jazz recently renounced his rights. Warriors GM Bob Myers spoke highly of Rush in advance of a workout he staged for multiple NBA teams, and it appears the Golden State brass saw enough to convince them to bring the 29-year-old back to the Bay.