Mike James signed with the Timberwolves today.

Apparently, the T-Wolves offered something neither the Rockets or Mavericks would...a four year contract.

James is 31, so that fourth year would have guaranteed $5 million plus to a 35-year old. Basically, James got an extra 5 million to sign with Minnesota.

Looked like James was leaning towards the Mavs over the weekend. He talked about his long friendship with Avery Johnson and his desire to play for a contender. It's hard to care about title contention when there's extra money on the table.

Alas, it looks like the Mavericks will have to find a new backup point guard. James was the best left out there, but Dallas still has the mid-level exception to offer to a free agent.

Since the Mavs don't have a classic point guard (Harris & Terry prefer to shoot it before they pass it), maybe they can find one of those in free agency. They certainly won't find another scorer like James on the open market.

Stay here for your Mavericks news.

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"The Gods are just, and of our pleasant vices
Make instruments to plague us." - King Lear