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Here are Turner's tweets:
The Clippers and free-agent guard Jordan Farmar agree to deal, sources, likely for biannual of 2 years, $4.2 million
— Brad Turner (@BA_Turner) July 6, 2014
The Clippers get Farmar after losing Darren Collison to Sacramento.
— Brad Turner (@BA_Turner) July 6, 2014
Farmar's two-year deal has a player option for the second season, sources.
— Brad Turner (@BA_Turner) July 6, 2014
Jordan Farmar on leaving the Lakers: "At the end of the day, it wasn’t in the cards for me. They didn’t want to make it happen."
— Brad Turner (@BA_Turner) July 6, 2014
Jordan Farmar on leaving the Lakers: "At the end of the day, it wasn’t in the cards for me. They didn’t want to make it happen."
— Brad Turner (@BA_Turner) July 6, 2014
Farmar cont:"The Clippers were the 1st people to call. They came the hardest."
— Brad Turner (@BA_Turner) July 6, 2014
Farmar cont:"The situation is great for me. I’m still in L.A., representing Los Angeles and playing in front of my friends and family."
— Brad Turner (@BA_Turner) July 6, 2014
Farmar is a 6'2" PG who also has the ability to play some undersized shooting guard. He is 27 years old, having played 7 seasons in the NBA after being playing in Los Angeles in college at UCLA. Five of his seven NBA seasons have been played for the Lakers. He's an exceptional three-point shooter, hitting 37.5% from deep in his career, but 44% in each of his last two NBA seasons (he wasn't in the NBA in 2012-13). He also posted a solid 7.9 assists per 36 minutes last season.
Jordan has had some injury issues, playing only 41 games last season and 39 in 2012. However, in each of his other five NBA seasons, he's played 65, 72, 73, 82, and 82 games, so hopefully he can stay healthy for the Clippers.
The one year deal with a player option is similar in structure and nature to Darren Collison's deal with the Clippers last summer. Just like Collison, Farmar seemingly intends to come to the Clippers in order to build his value, and then, if he can, leave for a higher-paying contract next off-season, just as Collison did recently with the Sacramento Kings.
This two-year bi-annueal exception starts at $2,077,000 this season and has a 4.5% raise for the player option year. Assuming that Farmar is signed using the BAE, and if Spencer Hawes is signed using the MLE and not acquired in a S&T, the Clippers become even more limited financially, with their only remaining tools to either execute a S&T (sending back either a package of current players or the Eric Bledsoe TPE) or use the league minimum.