After searching for a deal for nearly five months, Mickael Pietrus has finally found his new team. The Raptors officially announced today that the team has signed Pietrus. The deal will be a one-year, minimum-salary contract, with Toronto waiving Dominic McGuire to clear a roster spot.
Pietrus last played for the Celtics during the 2011-12 season, averaging 6.9 PPG and shooting 38.5% from the field in 21.9 MPG. The French swingman has career averages of 8.4 PPG, 42.7% FG shooting, and 35.7% shooting from beyond the arc.
The Raptors only had the veteran's minimum at their disposal to add a free agent, so it's a little surprising that they were able to land Pietrus, whose agent Bill McCandless asserted earlier in the offseason that his client "is not a veteran’s minimum player. There’s no chance he’ll ever sign for that." It seems that, despite talks with Rockets, Timberwolves, Bulls, and Hawks over the course of the offseason, no club was ever willing to commit more than the minimum to Pietrus.
McGuire, whose 2012/13 salary was believed to be fully guaranteed, is owed about $992K for this season and had a non-guaranteed year for 2013/14 worth $1.11MM. While that second year won't be a factor anymore, he should still receive his salary for this season, with the Raptors taking the cap hit for it.
Sam Amick of USA Today first reported that the Raptors and Pietrus had reached an agreement, with Chris Haynes of CSNNW and Shams Charania of RealGM.com (Twitter links) adding details. Luke Adams contributed to this post.