According to the report, the second season of the deal is a player option.
Davis became a free agent after the Memphis Grizzlies didn't extend him a qualifying offer.
Davis, 25, averaged 5.7 points and 4.1 rebounds in 63 games last season with the Memphis Grizzlies. He was the 13th overall pick by the Toronto Raptors in the 2010 NBA draft and has averaged 6.9 points and 5.9 rebounds in four NBA seasons.
- Scooby Axson