The Milwaukee Bucks and free-agent shooting guard O.J. Mayo have agreed to a three-year, $24 million contract, according to multiple reports.
Mayo, 25, averaged 15.3 points, 3.5 rebounds and 4.4 assists per game for the Dallas Mavericks, while shooting 44.9 percent from the field and 40.7 percent on 3-pointers.
After one season at the University of Southern California, Mayo was the third overall pick in the 2008 NBA Draft by the Minnesota Timberwolves. His draft rights were later traded to the Memphis Grizzlies along with Marko Jaric, Antoine Walker and Greg Buckner in exchange for the draft rights to Kevin Love, Mike Miller, Brian Cardinal and Jason Collins.
In four seasons with the Grizzlies, Mayo averaged 15.2 points, 3.3 rebounds and 2.7 assists per game. His best statistical season came in his rookie year, where he averaged 18.5 points, 3.8 rebounds and 3.2 assists per game, finishing second to Derrick Rose for the NBA’s Rookie of the Year.
Memphis did not extend a qualifying offer to Mayo following the 2011-12 season, meaning he was an unrestricted free agent. He signed a one-year, $4 million deal with the Mavericks last July.
Mayo averaged 20.9 points per game in November of last season, carrying Dallas’ scoring load with Dirk Nowitzki out with an injury.
With Monta Ellis likely signing elsewhere and J.J. Redick on his way to the Los Angeles Clippers, Mayo will jump in and fill the void at shooting guard.
Mayo can’t officially sign with the Bucks until the league moratorium ends July 10, the same date the league will announce its salary cap for the 2013-14 season.