The Milwaukee Bucks have signed center Brook Lopez, according to Jordan Schultz of Yahoo.
#Bucks are signing Brook Lopez, per source.
— Jordan Schultz (@Schultz_Report) July 8, 2018
The details are provided by ESPN’s Chris Haynes. Lopez signs a 1-year contract for the bi-annual exception.
Sources: Lopez agrees to a one-year deal at the bi-annual exception. https://t.co/MIKJKiP33L
— Chris Haynes (@ChrisBHaynes) July 8, 2018
The bi-annual exception is a part of the collective bargaining agreement and allows teams to spend money that does not count against the salary cap (around $1.672 million over two years).