The Bobcats have found their third point guard for the league minimum, reaching a one-year, $1.4 million deal with Jannero Pargo, according to Chris Haynes of CSNNW.com. Pargo's agent Mark Bartlestein also confirmed the re-signing with the media.
Pargo is expected to backup starting guard Kemba Walker and Ramon Sessions.
The team got a good look at Pargo's abilities when he averaged 8.4 points and 1.9 assists during an 18-game stint in Charlotte last season. Pargo also played with the Wizards and Hawks in 2012-13.