SATURDAY, 12:45pm: The Jazz have officially announced the move, with a press release on their website.

9:17am: The deal is a one-year, minimum salary pact, according to Chris Haynes of CSNNW.com (via Twitter). While most contracts signed this month are non-guaranteed, it’s unclear whether or not that’s the case for Tinsley’s deal.

THURSDAY, 12:18am: Utah and Tinsley have reached agreement on a deal, Kennedy reports. He’ll join the team for its game Friday at the Lakers (Twitter link).

WEDNESDAY, 9:09pm: It’s “only a matter of time” before the Jazz bring aboard Jamaal Tinsley, a source tells Marc Stein of ESPN.com, who says the team’s interest in the point guard has intensified (Twitter link). Alex Kennedy of HoopsWorld classifies the possibility of a deal between the two sides as “very likely” (on Twitter). Agent Raymond Brothers said last week that his client, a free agent who spent the last two seasons with Utah, and the team were both giving thought to a reunion.

The Jazz are without rookie point man Trey Burke, the ninth overall selection this June, who suffered a broken right hand earlier this month. John Lucas III, Scott Machado, Lester Hudson and Alec Burks are all internal options at the point, but it’s sounding like the club will seek outside help in the form of the 35-year-old Tinsley, who started 32 games for the Jazz last season.

Tinsley’s addition could spell trouble for the six players trying to make the team on non-guaranteed deals. Utah has 12 guys on fully guaranteed contracts, and rookie Ian Clark has a partial guarantee of $200K. That could leave just one spot open for Hudson, Machado, Brian Cook, Mike Harris, Justin Holiday and Dominic McGuire, and that’s assuming Utah elects to carry a full complement of 15 players to start the regular season.

The Mavericks, Bobcats, Rockets, Suns and Nets all reportedly looked into signing Tinsley during the offseason, but I’d be surprised if Tinsley warranted any more than a minimum-salary deal. Tinsley made the minimum in both years of his previous contract with the Jazz, and neither season was guaranteed when he signed the deal in 2011.