Morrison, the 6-foot-8, 205-pound forward from Gonzaga, will be paid about $3 million in the first year of the deal and nearly $3.25 million in the second year under terms of the NBA's rookie pay scale.

The team has the option to renew the contract in years three and four of the deal.

"We are pleased to sign Adam and to get him on the basketball court with our team," said Bernie Bickerstaff, the team's coach and general manager. "We have already seen how his skills will benefit our team and how competitive he is on the court."

Morrison, who led the nation in scoring last season with 28.1 points a game, is expected to play for the Bobcats' summer league team in Orlando and will then work out with the U.S. national team in Las Vegas.

"I look forward to doing whatever I can to help the Bobcats take the next step as we build towards a championship," Morrison said in a statement.