Updated

A person with knowledge of the deal says Grant Hill is returning to the Phoenix Suns, agreeing to terms on a one-year, $6.5 million contract.

The person spoke to The Associated Press on the condition of anonymity Friday because the deal had not been signed.

One of Phoenix's most popular players, Hill was a top target in the free agent market, pursued by numerous teams before deciding to return for a fifth season in the desert.

The NBA's second-oldest player at 39, Hill has proven to still be a good player after past injury woes, averaging 15.8 points last season while routinely guarding the opposing team's best player.

Hill also has been valued for his leadership and is considered a key to keeping close friend Steve Nash from leaving.