EAST RUTHERFORD, N.J. -- The New Jersey Nets have agreed in principle to a contract with free agent guard Jordan Farmar.
Per team policy, terms of the agreement were not released, but the Newark Star-Ledger reports the pact is for three years and $12 million. It hinges on Farmar passing a physical.
"Jordan will be an excellent complement to Devin (Harris) in the backcourt," said Nets president Rod Thorn. "He comes to the Nets with championship pedigree, which will prove to be invaluable to his teammates."
Farmar was a member of the Lakers' back-to-back NBA championship teams the past two seasons as a valuable contributor off the bench.
In 82 regular-season games last season, Farmar averaged 7.2 points, 1.6 rebounds and 1.5 assists over 18 minutes per contest. The 23-year-old shot 37.6 percent from beyond the arc, hitting 86 three-pointers.
Farmar added 4.6 points per game and 20 total threes during LA's 23-game march to its second straight title. The UCLA product has career per game averages of 6.9 points, 2.1 assists and 1.8 boards while shooting 35.9 percent on threes over his four-year pro tenure. He's made two starts in 301 career games.