THURSDAY, 10:13am: The deal is official, the team announced.

WEDNESDAY, 1:59pm: The Spurs are set to sign former first-round pick Damion James to a 10-day contract, reports Marc Stein of ESPN.com. The Nuggets brought him to preseason camp on a non-guaranteed deal, and while he seemed to play Jordan Hamilton to a draw, Denver opted to cut him and keep Hamilton’s guaranteed contract instead. James has spent most of the season in the D-League, splitting time between the Bakersfield Jam and his current team, the Texas Legends, which is the one-to-one affiliate of the Mavs.

The Mark Bartelstein client reportedly drew interest from other NBA teams soon after the Nuggets let him go, but no team had been identified as a suitor. His last official NBA action came last season on a 10-day contract with the Nets, the only team for which he’s played a regular season game. He started nine games for the team as a rookie in 2010/11, but he broke his right foot, and persistent trouble with that foot derailed his career. He appeared in only 34 games on his rookie scale contract.

The Spurs have been carrying an open roster spot, so they don’t need to make a corresponding move before their deal with James becomes official. The 26-year-old has been averaging 21.1 points and 11.3 rebounds in 14 games since joining the Texas Legends, and I wouldn’t be surprised to see him get significant minutes in a couple of games for the Spurs as they rest players in preparation for the postseason.