D.J. Augustin was drafted ninth overall by Charlotte in the 2008 NBA Draft. (Isaac Baldizon/NBAE via Getty Images)
The Raptors have reached agreement on a one-year deal with point guard D.J. Augustin, according to Adrian Wojnarowski of Yahoo! Sports.
Augustin will reportedly make $1.26 million next season.
The five-year former starter saw his minutes drop to 16 per game backing up George Hill with the Pacers last season. Augustin averaged 4.7 points and 2.2 assists in 76 games. He played four seasons in Charlotte after being selected ninth overall in the 2008 draft.
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The Raptors were in the market entering free agency with Kyle Lowery as the team's only point guard under contract. Toronto also added point guard depth with the signing of Dwight Buycks on Tuesday.