Former Magic Guard Jameer Nelson Signs With Mavericks

Former Orlando Magic point guard Jameer Nelson signed a one-year, $2.7 million contract on Thursday to play with the Dallas Mavericks.

“I am excited,” Nelson said. “It’s one of those things that during the process it was fun to go through, but there came a point where I was ready to get it done. From the start, Dallas was on my radar and one of the top teams I was targeting.”

Nelson will sign with the Mavericks for their cap-room exception of $2.7 million.

The 10-year veteran was waived from the Magic in a cap saving move. The Magic owe Nelson $2 million this season, making the deal even better for Dallas.