according to ESPN's Marc Stein. The third year of the deal is a player option.
Jefferson is only 28-years-old and is coming off a contract that paid him $15 million per year with the Jazz. Joining the Bobcats is somewhat surprising - especially since any of the teams that miss out on Dwight Howard would likely have given Jefferson a look - but money talks. Jefferson will also be the focal point of the offense in Charlotte.
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