Fabricio Oberto has agreed to sign with the Wizards, according to the Washington Post.

Oberto, who is home in his native Argentina, called Wizards president Ernie Grunfeld on Thursday to inform him that he would accept a one-year deal worth the biannual exception of $1.99 million.

The Kings, Suns, Thunder and Lakers were also interested in Oberto, who was released by Detroit earlier this month after being traded twice in a matter of days.