Andrei Kirilenko has reached a one-year, $3.1 million agreement with the Brooklyn Nets, according to Peter Vecsey.
ESPN.com reports the deal is a two-year contract with a player option for the second year.
Kirilenko opted out of the final year ($10 million) of his contract with the Timberwolves to become a free agent on June 29. He reportedly will accept a big pay cut in order to play with the Nets, an Eastern Conference contender owned by fellow Russian Mikhail Prokhorov.
Kirilenko, 32, finished his only season in Minnesota averaging 12.4 points, 5.7 rebounds and 2.8 assists while playing small forward.
He is a former NBA All-Star (2004) and All-Defensive First Team pick (2006).