Hornets Cut Jannero Pargo, Sign Elliot Williams

WEDNESDAY, 10:32am: The moves are official, the team announced.

TUESDAY, 5:37pm: The Hornets intend to waive Jannero Pargo in order for them them to ink Elliot Williams to a 10-day contract, Marc Stein of ESPN.com reports (Twitter link). Charlotte currently has the league maximum of 15 players on its roster, which is why the team would need to release Pargo prior to inking Williams.

Williams, 25, has been playing for the Santa Cruz Warriors, Golden State’s D-League affiliate. In 19 D-League appearances this season, Williams has averaged 20.1 points, 4.3 rebounds, and 7.6 assists in 36.3 minutes per contest. He was briefly a member of the Jazz this season, having signed a pair of 10-day contracts with Utah in early January. In five NBA appearances this season, Williams has logged 3.6 points in 8.4 minutes per contest.

Charlotte will be on the hook for the remainder of Pargo’s 2014/15 salary of $915,243 if it releases him. Pargo has missed time this season due to an ailing back, and he has been limited to just nine appearances for the Hornets, averaging 4.6 points in 8.1 minutes per night. The 35-year-old’s career numbers over 10 seasons in the NBA are 6.4 PPG, 1.4 RPG, and 2.0 APG. His career slash line is .391/.356/.864.

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