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NBA buyout market: Marco Belinelli plans to sign with 76ers, per report

One of the better players available is now off the buyout market.

Atlanta Hawks v Boston Celtics
Atlanta Hawks v Boston Celtics
Photo by Adam Glanzman/Getty Images

Coveted veteran sharpshooter Marco Belinelli will sign a free agent contract with the Philadelphia 76ers, according to ESPN’s Adrian Wojnarowski. Belinelli was one of the top available free agents to emerge on the buyout market following the Feb. 8 NBA trade deadline.

Belinelli averaged 11.3 points on 37 percent shooting from three-point range with the Hawks this season, but Atlanta failed to find a trade for the 31-year-old guard and agreed to buyout an undisclosed portion of the remainder of his $6.6 million salary on Friday.

Belinelli must clear waivers before he can sign with the 76ers, which means he can’t officially sign in Philadelphia until the 48-hour waiver period passes. The Italian-born veteran has 10 years of NBA experience and has battled in the playoffs with the Spurs, Bulls and Hornets. He will provide much-needed perimeter shooting and and a veteran presence for a 76ers team with the sixth-youngest roster and a middle-of-the-road three-point percentage (36.2).

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