NEW ORLEANS (AP) -Jannero Pargo, who agreed to terms with the New Orleans Hornets last week on a two-year contract, signed the deal Wednesday.
Pargo's agent, Mark Bartelstein, said the backup guard will earn $4 million. He has an option for the second year.
Pargo played for the Hornets last season after spending the first four years of his NBA career with the Chicago Bulls, Los Angeles Lakers and Toronto Raptors.
``We're very pleased to re-sign Jannero due to his ability to provide instant offense off the bench and how he fit in with our team,'' Hornets general manager Jeff Bower said. ``He had his best season as a pro with us last season, and we anticipate that he will continue to develop.''
Pargo averaged career highs of 9.2 points, 2.5 rebounds and 2.5 assists, while being the only Hornets player to play in all 82 games last season.
Pargo ranked second on the Hornets in 3-pointers made with 81. His free-throw percentage was .852.
``Jannero was a big part of our success last season and he showed that he could be called upon to play a larger role when necessary,'' coach Byron Scott said. ``I look forward to having him back as a reliable scoring threat off the bench.''

Top NBA Public Bets

NBA Top Stories

Thumbnail Warriors vs. Spurs Game 4 Pick Will the Golden State Warriors continue their dominance of the San Antonio Spurs when they meet up in Game...
Thumbnail Celtics vs. Cavs Game 3 Pick Will the Cleveland Cavaliers show any mercy to the Boston Celtics when the two meet in Game 3 of the Eastern Conference Finals tonight at...
Thumbnail Warriors vs. Spurs Game 3 Pick As the Western Conference Finals shift to the home of the San Antonio Spurs, will they be able to hang with the Golden State Warriors in Game 3 of the series tonight...
Thumbnail Cavs vs. Celtics Game 2 Pick Will the Cleveland Cavaliers cruise to another big win when they face the Boston Celtics in Game 2 of the Eastern Conference Finals tonight at...
Thumbnail NBA Playoffs: Home Court Importance The playoffs are heating up, with thrilling games being played on a regular basis. Because it’s not easy to predict the outcomes of these matches, people have...

NBA Team Pages