The news comes after the team let point guard Darren Collison go to Sacramento on a three year deal worth $16 million. Collison, who turns 27 next month, had opted out of the final year of his deal with the Clippers that would have paid him $1.9 million.
The 27-year-old Farmar, who won two championships with the Lakers, averaged 10.1 points including 43.8 percent from three and 4.9 assists in 22 minutes per game last season, making 41 appearance. He had left more than $3 million of guaranteed money on the table with Turkey to join the Lakers last season.
The earliest free agents can officially sign is July 10.
The Clippers and free-agent guard Jordan Farmar agree to deal, sources, likely for biannual of 2 years, $4.2 million — Brad Turner (@BA_Turner) July 6, 2014