Photo by Gavin J. Dow

The Bulls and guard Jannero Pargo agreed to a contract on Wednesday.

“He loved his time with the Bulls here earlier,” agent Mark Bartelstein said. “He grew up in Chicago. Just the opportunity to come back was very appealing to him.”

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New Orleans Arena

The draft-night events in which the Hornets added backcourt players Darren Collison and Marcus Thornton does not eliminate the possible return of former New Orleans combo guard Jannero Pargo, Coach Byron Scott said Friday.

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New Orleans Arena

According to sources, Jannero Pargo walked onto the New Orleans Hornets’ practice court moments after six draft prospects finished their workouts and casually tossed up 3-pointers with head coach Byron Scott.

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Nate Robinson

The New York Knicks are looking at former NBA players Carlos Delfino and Jannero Pargo to fill the roster-spot Cuttino Mobley left behind. They will also consider trades involving current NBA players, with names such as Sacramento’s Quincy Douby and Portland’s Sergio Rodriguez on the list. In the interim, Nate Robinson is scheduled to return tomorrow night in Sacramento to provide some help to Chris Duhon in the backcourt.

Read more on Knicks Backcourt Trade Rumors…

Bonzi Wells

Two years ago, the Sacramento Kings offered Bonzi Wells a five-year deal worth $38.5 million. Wells decided to pass on the offer hoping that a more lucrative contract would be made by another team. Unfortunately, Bonzi never received a better deal and he ultimately signed a two-year contract with the Houston Rockets for $4.5 million.

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Yet another NBA player will travel across the Atlantic to play in Euroleague next season! It has been officially revealed that Jannero Pargo has signed a one year deal with Russian club Dynamo Moscow despite getting several offers from NBA teams. The contract is worth approximately $3.5 million dollars (after taxes have been paid) and one of his new teammates will be former Net, Bostjan Nachbar.

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Current European superstar and NBA second round draft pick, Goran Dragic, has had his fair share of attention in the media as of late. It is believed that Goran does not want to play for the Phoenix Suns and he would like to continue to play for his current team — Tau Ceramica of Spain.

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After opting out of his contract, Jannero Pargo has certainly been on most team’s radar for the past week. The latest rumor is that Phoenix Suns will pursue the free agent if they can not bring their first round pick, Goran Dragic, over to the Sates from Europe.

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NBA free agent Ronald “Flip” Murray might be on his way to play in Europe. Dynamo Moscow has reportedly been looking to lock in a point guard for next season and have been in negotiations with both Flip and Jannero Pargo, who is also a free agent.

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The latest news on the rumor circuit includes last year’s back up point guard for the New Orleans Hornets, Jannero Pargo, and the San Antonio Spurs. It is believed that San Antonio would like to sign Jannero, but do not have much money to offer him.

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