So, I said the Warriors were completely striking out in the Elton Brand thread. I guess all is not lost although, Maggette is no Brand or Baron Davis.

 The Golden State Warriors on Tuesday conceded defeat in the chase for Elton Brand's signature by quickly moving on to new targets and reaching a faster-than-expected verbal agreement to sign unrestricted free agent Corey Maggette.

 

Sources told The Associated Press that the deal is for five years and worth around $50 million.

 

Sources told ESPN.com that Maggette decided against waiting to see if the Los Angeles Clippers would lose Brand to the Philadelphia 76ers -- which could have created an opportunity to stay with the Clippers -- to take a multiyear offer from the Warriors at a starting salary above the mid-level exception

 http://sports.espn.go.com/nba/news/story?id=3479117