Antawn Jamison and the Washington Wizards are nearing a four-year deal worth $50 million, according to a report by ESPN's Marc Stein.

Sources told ESPN.com on Monday that the Wizards and Jamison would soon finalize terms mere hours before Jamison was to become an unrestricted free agent.

Free agency begins in the NBA on 12:01 AM Tuesday, and Jamison was expected to receive interest from a number of teams.

"This organization has believed in me from Day 1. ... I definitely know they want me to stay and I want to stay," Jamison told ESPN.com in December.