Tracy McGrady, who played in the Chinese Basketball Association this past winter, will sign with the Spurs for the rest of the season, according to Adrian Wojnarowski of Yahoo! Sports.
He will be eligible for the Spurs' playoff roster.
McGrady worked out for the Spurs and Knicks in September, but hasn't played for an NBA team since his stint with the Hawks in the 2011-12 season.
The seven-time All-Star recently related his days with the Rockets as the Heat pursued their 22-game win streak.