Free agent point guard Jannero Pargo agreed to a two-year, $2.1 million deal with the New Orleans Hornets on Thursday, his agent, Mark Bartelstein, told ESPN.com.
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Pargo
Bartelstein said that Pargo has a player option for the second year of the contract.
Pargo spent last season with the Chicago Bulls. He averaged 4.8 points and 1.6 assists in 11.3 minutes per game.
He'll provide insurance for the Hornets starting point guard Chris Paul and recently signed backup Bobby Jackson at the point.
http://sports.espn.go.com/nba/news/story?id=2538962
Nice little signing by Hornets. Get a solid third stringer that can handle and shoot well. Insurance if B-Jax gets hurt as well.