Sonny Weems, Phoenix Suns agree to two-year contract

The Phoenix Suns have agreed to a two-year deal with CSKA Moscow small forward Sonny Weems.

The Phoenix Suns have agreed to a two-year deal with CSKA Moscow small forward SonnyWeems.

A source confirmed to SI.com Wednesday afternoon that Weems has agreed to sign a contract with Phoenix. ESPN's Chris Broussard first reported the news. The former Raptors forward's deal is reportedly worth $5.8 million. Paul Coro of the Arizona Republic reports the second year of the deal has a team option.

CSKA management agreed to let Weems out of the extension he signed last summer that ran until 2017, "taking account into how valuable" he was to the club, CSKA stated in a press release. He was reportedly due around $6 million over the next two seasons, making him the highest-paid American player in Europe. Weems was widely regarded as one of the top wing players overseas, making the Euroleague first team in 2013-14. 

• Clippers pushing Jordan to reconsider Mavs decision

Weems, 29, was the No. 39 pick in the 2008 draft out of Arkansas and was immediately traded to Denver. He spent 2009-2010 with Toronto, where he carved out a rotation role. He left to play in Lithuania during the lockout and remained overseas afterwards, signing with CSKA in 2012. He averaged 12.1 points, 3.3 rebounds and 3.5 assists last season and shot 40.1 percent from three last season.

In 140 NBA games, Weems holds career averages of 7.7 points, 2.5 rebounds and 1.5 assists on 47.4 percent shooting from the floor.

Players are allowed to officially put pen to paper on new deals beginning Thursday.