Report: 76ers agree to terms with F Derrick Coleman

Updated: August 5, 2003, 5:59 PM ET

PHILADELPHIA - Derrick Coleman reportedly has agreed to remain with the Philadelphia 76ers, cashing in on an outstanding postseason.

Citing "team sources," the Philadelphia Inquirer reported Tuesday that Coleman has agreed to terms on a two-year contract worth between $10 million and $12 million. A source close to the situation told the newspaper it is a "done deal."

The 76ers could not confirm the report, but they have scheduled a news conference for Wednesday at 11 a.m. EDT.

Upon dealing forward Keith Van Horn to the New York Knicks in a four-team trade, Philadelphia reportedly was interested in acquiring Sacramento Kings forward Keon Clark but settled on the 36-year-old Coleman when the deal fell through.

The 6-10 Coleman certainly helped himself in the playoffs, averaging 16.5 points and 11.0 rebounds against Detroit in the Eastern Conference semifinals. He averaged 13.6 points and 8.0 rebounds in Philadelphia's two series.

Coleman, who is in his second stint with the Sixers, has averaged 17.0 points and 9.4 rebounds in 742 regular-season games, also playing for New Jersey and Charlotte. But his career has been marred by off-court incidents and injury.

Coleman was the first overall pick by the Nets in 1990.

This story is from ESPN.com's automated news wire. Wire index