Marc Weinreich
Thursday July 5th, 2012

Jameer Nelson will reportedly re-sign with the Magic for another three seasons. (Ron Hoskins/Getty Images)

Jameer Nelson has reportedly decided to re-sign with the Orlando Magic for another three seasons, according to the Orlando Sentinel:

“Genuinely, I love the city. I love the organization. I’ve learned a lot from the people in the organization. The DeVos family means a lot to myself and my family and it means a lot to me that they always put out a winning product."

Nelson, 30, would not disclose the length of the agreement or what his annual salaries will be, but the Sentinel has learned the deal will be for three seasons.

Nelson had originally opted to become a free agent this summer after his contract expired with the Magic. With Dwight Howard rumored to be on his way out, the team was seen to be in rebuilding mode. Nelson's decision to stay will provide veteran leadership for a team that could soon be replete with draft picks and young talent. Nelson is expected to sign with the Magic on July 11, when the league allows its teams and players to officially execute contracts.

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.