The agreement is a one-year deal, Smith adds (via Twitter). The exact value isn’t clear, but it’ll be worth less than the full mid-level exception of $9.258MM, fitting into that MLE.
Lopez, 32, joins the Wizards after spending one season with the Bucks. He averaged 5.4 points, 2.4 rebounds and 14.5 minutes per game, seeing the least amount of playing time since the first few seasons of his career.
Lopez has played over 800 NBA games, making past stops with Phoenix, New Orleans, Portland, New York and Chicago. He’s expected to provide depth at center behind Thomas Bryant as the Wizards look to make a playoff push this season.
Washington had been searching for a defensive-minded back-up center, with Lopez holding 12 years of past NBA experience. The team also agreed to a five-year, $80MM deal with forward Davis Bertans on Friday.