Jeremy Pargo signs two-year, $5.2M deal with CSKA Moscow

Tuesday June 11th, 2013

Jeremy Pargo signed a two-year $5.2 million deal with CSKA Moscow on Tuesday. (Jim McIsaac/Getty Images) Jeremy Pargo signed a two-year $5.2 million deal with CSKA Moscow on Tuesday. (Jim McIsaac/Getty Images)

Former Cavaliers point guard Jeremy Pargo, who started 11 games for Cleveland last season, is headed to Russia. Adrian Wojnarowski of Yahoo! Sports tweeted Tuesday that Pargo is leaving the NBA after only his second season and has signed a two-year $5.2 million deal with CSKA Moscow.

After going undrafted out of Gonzaga and a brief stint playing in Israel, Pargo's foray into the NBA came in 2011 when he signed a two-year contract with the Memphis Grizzlies, but was traded in July 2012 to the Cleveland Cavaliers. He saw increased playing time during his brief stay with the Cavs because of injuries that kept All-Star point guard Kyrie Irving out for extended periods of time, but was eventually waived by Cleveland in January, six months after being traded to the team.

SI WIRE: Jason Kidd leading candidate for Nets head coaching job

In February, he signed a 10-day contract with the Philadelphia 76ers and then a week later received a contract from the Philly for the rest of the season. But on April 1, Pargo, whose brother Jannero Pargo plays for the Charlotte Bobcats, was waived by the Sixers to free up space on the roster for Justin Holiday, the older brother of Philadelphia's All-Star point guard Jrue Holiday.

In his two seasons in the NBA, Pargo averaged 4.7 points and 1.8 assists in 13 minutes per game.

THOMSEN: Momentum an elusive asset in NBA Finals

ROSENBERG: Ray Allen's championship pursuit may affect his legacy
SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide—from Peter King, Tom Verducci, Lee Jenkins, Andy Staples, Grant Wahl, and more—delivered straight to you, along with up-to-the-minute news and live scores.