Report: Ty Lawson signs $2.4 million deal with Shandong Golden Stars after refuting original report

Veteran guard Ty Lawson recently refuted a report he was going to sign with a team in China and now he has agreed to terms with the Shandong Golden Stars.

Confirming a prior report by international journalist David Pick, former Sacramento Kings point guard Ty Lawson had indeed signed a $2.4 million deal with the Shandong Golden Stars of the Chinese Basketball Association. The deal can reach up to $3 million with bonus stipulations, according to Pick.

Lawson will join Donatas Motiejunas, who reached a $3 million agreement earlier on Tuesday, paying him more than the $600,000 check he received from the New Orleans Pelicans this past season.

Pick had announced that the North Carolina product intended to sign with the Golden Stars last month, only to have it refuted by Lawson's agent minutes after the original report. He then said his client was still surveying his options in the NBA and that no deal was imminent.

Lawson now becomes yet another clear NBA-caliber player that opts to sign overseas due to the dying point guard market this offseason. He'll join Terrence Jones, Brandon Jennings, Jared Sullinger, and Motiejunas as some who have opted to make the jump to foreign waters.

The eight-year pro averaged 9.9 points and 4.8 assists per game in somewhat of a bounce-back season after a down year filled with legal trouble and disappointment on the hardwood.