SATURDAY, 8:00am: The signing is official, the team announced in a release.
SATURDAY, 12:15am: The final year is partially guaranteed for $2MM, according to USA Today’s Sam Amick (Twitter link).
FRIDAY, 11:18pm: Carter had told the Mavs that he would take a two-year, $8MM deal to stay in Dallas, but the team couldn’t go higher than $2.73MM per year due to the offer sheet they signed with Chandler Parsons, tweets MacMahon.
10:53pm: Vince Carter has agreed to a three-year, $12MM deal with Memphis, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The third year of the deal is partially guaranteed, tweets Wojnarowski. Carter looks to be taking the place of Mike Miller, who was informed this evening that the Grizzlies would not be bringing him back.
The Mavericks had renounced their rights to Carter yesterday, but still hoped to re-sign the veteran. Dallas had been confident they could keep Vince Carter, but all they could offer was a $2.73MM exception, notes Tim MacMahon of ESPNDallas.com (Twitter link). Carter had also reportedly been the subject of pitches from the Heat and others.
The 37 year old veteran had averaged 11.9 PPG, 4.9 RPG, and 3.7 APG while averaging 24.4 minutes per night for Dallas last season. He has lifetime numbers of 20.2 PPG, 4.9 RPG, and 3.7 APG.