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Free agent point guard Cory Joseph has agreed to a three-year contract with the Sacramento Kings, according to Chris Haynes of Yahoo Sports.
The contract is reportedly worth $37 million.
Joseph, 27, spent the previous two seasons with the Indiana Pacers, mostly as a backup for Darren Collison, who left in free agency/retirement.
Joseph averaged 6.5 points, 3.9 assists and 3.4 rebounds in 82 games this past season — but shot just 41 percent from the floor.
The Pacers landed Malcolm Brogdon in a trade with the Milwaukee Bucks and likely will increase the role of second-year point guard Aaron Holiday.
Meanwhile, Joseph is likely to play a backup role to De’Aaron Fox.
The Kings will have to renounce restricted free agent big man Willie Cauley-Stein to accommodate their free-agent signings, which also include Harrison Barnes and Trevor Ariza.