This confirms the money aspect of the deal (He's going to get most of the MLE):
Paul Coro
http://www.azcentral.com/sports/suns/articles/0701bell-ON.html
Phoenix continued to get more hard-nosed on Friday, agreeing to terms with free-agent shooting guard Raja Bell before power forward Kurt Thomas was officially introduced at a midday press conference.
"I'm elated to have an opportunity to come there and play with that cast," Bell told The Arizona Republic. "I think I can add to an already great team. I just want to come in and help, whatever it takes."
Bell, 28, will sign a four or five-year deal when the free-agency moratorium is lifted July.22, according to two industry sources.
Bell was the Suns' primary target in the free agency recruiting period that began at 9 p.m., Arizona time, yesterday. Phoenix will use all or most of its $5 million mid-level exception to sign Bell, a Florida International product who averaged a career high 12.3 points last season.
"It was an opportunity I couldn't pass up," Bell said.
Suns President and General Manager Bryan Colangelo could not comment on Friday because Bell is a free agent.
Bell's shooting has improved tremendously in recent years, starting when he played with Steve Nash in Dallas for the 2002-03 season. He hit 40.3 percent of his three-point tries in Utah last season as a part-time starter and co-captain.
He could be considered Quentin Richardson's replacement, although he is more likely to come off the bench with Kurt Thomas starting on the front line instead of Richardson. Bell is a faster wing player than Richardson is, shoots well and gives Phoenix a better defensive presence against players such as San Antonio's Manu Ginobili.