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Pau Gasol and the San Antonio Spurs have agreed to terms on a buyout of his contract and the veteran big man plans on signing with the Milwaukee Bucks, according to Adrian Wojnarowski of ESPN.
To be eligible to participate in the playoffs, players have to be waived by 11:59 p.m. on Friday.
Gasol adds to a Bucks squad that added sharpshooting forward Nikola Mirotic from the New Orleans Pelicans at the Feb. 7 trade deadline and gives Milwaukee an experienced backup in the pivot behind Brook Lopez, who is playing 28 minutes a game this season.
A winner of NBA championships in 2009 and 2001 with the Los Angeles Lakers, Gasol will be the only player on the Bucks’ roster to have won a league title.
Gasol, 38, has missed 26 games this season because of a stress fracture in his foot.
He is averaging career lows in points (4.2), rebounds (4.7) and minutes (12.2) this season, while shooting 46.6 percent from the field and 71.1 percent from the free-throw line.
Gasol carries career averages of 17.1 points, 9.2 rebounds, 3.2 assists and 1.6 blocked shots in 33.5 minutes in 1,223 games (1,150 starts) in his 18 NBA seasons, shooting 50.7 percent from the field and 75.4 percent from the charity stripe.
The six-time All-Star has earned more than $220 million in his NBA career.