The Nets have reached a deal in principle to sign Mirza Teletovic, according to a source.

Teletovic, a 26-year-old power forward, was most recently with Caja Laboral where he averaged 17.0 points and 6.2 rebounds over 53 total games.

Chad Ford reports Teletovic will receive a three-year, $15.675 million deal using the mid-level exception.

Teletovic has the same agent as Deron Williams.

With Teletovic agreeing to the MLE, Jason Kidd would have to sign for a smaller contract if he joins the Nets.