Chris Wilcox and the Seattle Sonics agreed to a three-year, $24 million deal this morning, said Jeff Fried, his agent.

"Playing in a system that's perfect for his style of play, where his talents will shine, it ends up being a truly terrific commercial arrangement for Chris," Fried said. "Chris is extremely pleased."

Phoenix and Golden State were the two teams most aggressive in pursuing a sign-and-trade deal.