Billups, a five-times All Star and former NBA Finals MVP, was released from the New York Knicks in a cost-cutting move last week. The 35-year-old had said he was only interesting in playing for a title contender.
The Clippers will pay a little more than $ 12 million for the guard this season, according to local reports.
He averaged 16.8 points and 5.4 assists last season for the Denver Nuggets and the Knicks, where he was traded last February.
The Clippers retained Jordan by matching his offer from the Golden State Warriors for a reported $ 43.2 million over four years.
Jordan averaged 7.1 points and 7.2 rebounds last season and forms an athletic tandem alongside Blake Griffin.
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