The Los Angeles Clippers have reached an agreement in principle to trade guard Quentin Richardson to the Minnesota Timberwolves for Sebastian Telfair, Mark Madsen and Craig Smith, leagues sources said Monday.
Telfair is signed thru 10/11: 09/10: $2.5M / 10/11 $2.7M
Madsen: is signed thru 09/10: $2.84M
Smith: is signed thru 09/10 $2.5M
Source: Yahoo Sports
Edit: Telfair has a player option for 2010/2011