The Heat concluded its nearly month-long search for a veteran point guard Friday when it agreed to terms with guard Smush Parker, two sources said. Parker started most of the past two years for the Lakers before losing his starting job late last season.

Parker, 26, is believed to have agreed to a two-year contract for a portion of the Heat's $5.35 million mid-level exception. The deal is contingent on Parker passing a physical on Monday.