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Jarvis Varnado reportedly close to signing in Italy (UPDATE: Or not?)

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Italian club Sidigas Avellino appears to be ready to sign the NBA champion.

USA TODAY Sports

La Gazzetta dello Sport is reporting that Italian basketball club Sidigas Avellino is close to signing Miami Heat forward Jarvis Varnado.

Varnado has already played in Italy with second-division club Carmatic Pistoia after getting drafted in the second round by the Heat in 2010. He then signed on with Israeli club Hapoel Jerusalem B.C. before leaving in early 2012 to play back in Italy with Pallacanestro Virtus Roma of Serie A.

Varnado's contract would have been guaranteed had he made the Opening Day roster. With the Heat now down one less roster spot heading into training camp, they could look at a number of veteran free agents available or choose to retain a younger prospect. At this point of the offseason, free agents still available would certainly listen to the back-to-back champs, who would likely only offer a veteran's minimum contract.

(Via HoopsHype)

UPDATE:

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