1:52pm: The Mavericks officially announced the signing in a press release.
1:15pm: The Mavs and Josh Akognon are lining up a deal that would keep him on the team for the rest of the season and include a team option for 2013/14, tweets Marc Stein of ESPN.com. Akognon's 10-day contract with the team expired last night.
The 5'11" guard made just a single four-minute appearance for Dallas during his 10-day deal, but the Mavs have apparently seen enough to settle on the 27-year-old journeyman for their final roster spot heading into the offseason. Dallas also signed Chris Wright and Justin Dentmon to 10-day contracts in recent weeks, but didn't re-sign either player.
Akognon was in training camp with the Mavs this past fall, but spent the season in China with the Liaoning Jiebao Hunters, for whom he averaged a team-high 29.0 points per game. It was the second straight year Akognon made his mark in the Chinese league, after posting 28.2 PPG for the DongGuan New Century Leopards in 2011/12.