Bobcats Sign Jannero Pargo

THURSDAY, 9:11am: The Bobcats have officially signed Pargo to a 10-day contract, according to Bobcats VP of communications B.J. Evans (Twitter link).

WEDNESDAY, 10:34am: The Bobcats will likely wait until tomorrow to finalize the agreement with Pargo, tweets Rick Bonnell of the Charlotte Observer. Since Charlotte isn't practicing or playing a game today, waiting until tomorrow will allow the team to maximize Pargo's 10 days.

8:25am: The Bobcats will sign Jannero Pargo today to add depth to their backcourt, reports Rick Bonnell of the Charlotte Observer. Pargo's deal with Charlotte is expected to be a 10-day contract, according to Bonnell.

Pargo, 33, has had stints with the Wizards and Hawks this season, though neither lasted long. Pargo was cut by the Wizards just a couple weeks into the season, and later inked a pair of 10-day deals with the Hawks, who elected not to retain his services for the remainder of the season. In a small sample size (14 games), Pargo has posted career-lows in FG% (.300) and PER (5.3), among other categories. However, he had a solid season in Atlanta a year ago, recording a career-best 13.6 PER.

For the Bobcats, Ramon Sessions has been sidelined with a sprained left knee, leaving the team thin at point guard, so Pargo is expected to back up starter Kemba Walker. Chuck Myron of Hoops Rumors suggested last Friday that Pargo might be a fit for the Bobcats in the wake of Sessions' injury.

Charlotte currently has 14 players on its roster, so a corresponding move won't be necessary to clear a roster spot for Pargo.

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