The New Jersey Nets have reached an agreement with forward Mirza Teletovic of Bosnia, according to a report from Howard Beck of the New York Times.
The deal is reportedly for the mid-level exception:
Nets are using midlevel exception to sign Teletovic to 3-yr deal. Means: 1. they cannot go over $74 mil payroll. 2. Can't use MLE for Kidd
— Howard Beck (@HowardBeckNYT) July 3, 2012
Teletovic, 26, is regarded as one of basketball's premier overseas talents. The 6-foot-9, 242-pounder can play both forward positions, averaging 21.7 points and 6.0 rebounds last season in the Euroleague, according to his Draft Express profile. He also hit more than three 3-pointers per game while drilling 43.1 percent of his attempts.
The move continues the Nets' reloading of their roster, one day after they traded for Joe Johnson.
For more on the Nets, please be sure to check out our blog Nets Daily and SB Nation New York for all the latest news and updates.
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