The Spurs have reached agreement with Jacque Vaughn on a two-year contract that will pay him about $2.5 million, an NBA source said Monday.

Vaughn's agreement, which pays him the minimum salary for players with at least 10 seasons of experience, means the Spurs have commitments from two of their free agents. Fabricio Oberto plans to sign a three-year deal once the league's free-agent moratorium ends on July 11.

The Spurs also are continuing negotiations with forward Matt Bonner.