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Terry Agrees to Three-Year Contract With Celtics, ESPN Reports

July 4 (Bloomberg) -- Free-agent guard Jason Terry, a former National Basketball Association Sixth Man of the Year, has verbally agreed to a contract with the Boston Celtics, according to ESPN.

Terry, 34, agreed to a three-year deal worth $5 million annually, ESPN reported today citing unidentified people familiar with the negotiations. The Dallas Mavericks, for whom Terry has played the past eight seasons, have an opportunity to match the offer.

Terry averaged 15.1 points and 3.6 assists per game last season. He ranks fourth on the NBA’s all-time list of 3-pointers made with 1,788, and in 2009 was named Sixth Man of the Year, awarded annually to the league’s best non-starter.

No contracts can be formally finished or announced until July 11. Once Terry signs, the Mavericks have three days to match the offer or allow him to leave. The Celtics also remain interested in keeping free-agent Ray Allen, who holds the NBA record with 2,718 3-pointers made, ESPN said.

-- Editor: Bob Bensch.

To contact the reporters on this story: Eben Novy-Williams in New York at enovywilliam@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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