It’s official now, Jordan Farmar will sign with the New Jersey Nets once he passes a physical. Here’s my story:

“Jordan Farmar and the New Jersey Nets agreed on a three-year contract worth $12 million, the team announced Sunday night. The former Lakers point guard must pass a physical exam in order to complete the deal
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“Farmar is expected to serve as a backup to Nets starter Devin Harris.

“‘He comes to the Nets with a championship pedigree, which will prove to be invaluable to his teammates,’ New Jersey team president Rod Thorn said in a press release posted on the Nets’ website.

“Thorn also called Farmar ‘an excellent complement’ to Harris.

“Farmar played four seasons with the Lakers after standout careers at UCLA and Taft High School of Woodland Hills. He averaged 7.2 points, 1.6 rebounds and 1.5 assists in 18 minutes in 82 games last season.

“The Lakers declined to re-sign Farmar, opting instead to sign free agent Steve Blake as a backup to Derek Fisher or a possible replacement if Fisher decides to sign elsewhere. Fisher met with Miami president Pat Riley on Saturday.

“The Heat reportedly made a ‘compelling offer’ to Fisher, according to an ESPN.com report, but an unnamed source would not elaborate in an interview with the website. Fisher made $5 million last season with the Lakers.”