5:02pm: The signing is official, the Spurs announced via a press release.
4:25pm: The Spurs and unrestricted free agent Jimmer Fredette are finalizing a deal that would bring the guard to San Antonio, Marc Stein of ESPN.com reports (Twitter link). Adrian Wojnarowski of Yahoo! Sports (Twitter links) classifies it as a training camp deal that includes a modest financial guarantee.
San Antonio is seeking to boost its outside scoring, and a partially guaranteed deal will allow the team to see how Fredette fits within its system. The Spurs already have 13 guaranteed contracts on the books for next season, so it’s a long shot that the 26-year-old makes the team. Fredette had been considering an offer from Italy’s Olimpia Milano to play overseas.
Fredette made 50 appearances for the Pelicans last season, averaging 3.6 points, 0.8 rebounds, and 1.2 assists in 10.2 minutes per contest. His slash line was .380/.188/.956.