Paul Coro of the Arizona Republic reports that the Phoenix Suns and restricted free agent guard Eric Gordon have agreed to an offer sheet worth four years and $58 million.
In a prepared statement, Gordon said: "After visiting the Suns, the impression the organization made on me was incredible. Mr. [Robert] Sarver, Lon Babby, Lance Blanks, the front office staff and Coach [Alvin] Gentry run a first-class organization, and I strongly feel they are the right franchise for me. Phoenix is just where my heart is now."
Gordon cannot sign the deal until July 11, and Coro writes that the New Orleans Hornets are expected to match it. A source told SI.com's Sam Amick the same thing:
Gordon was the key piece acquired by the Hornets when they traded Chris Paul to the Los Angeles Clippers, and they have repeatedly expressed a desire to keep Gordon in the fold. The Hornets believe that Gordon and 10th overall pick Austin Rivers can play in the same backcourt.