Bobcats likely adding Jannero Pargo

The Charlotte Bobcats plan to sign eight-season NBA veteran Jannero Pargo on Wednesday to shore up depth at the point guard position, an informed source told the Observer.

For Pargo, 33, this will be his seventh NBA franchise. He spent portions of this season with the Washington Wizards and Atlanta Hawks after previous stints with the Los Angeles Lakers, Toronto Raptors, Chicago Bulls and New Orleans Hornets.

The Bobcats are expected to sign Pargo to a 10-day contract, after the team lost reserve point guard Ramon Sessions for up to a month with a sprained left knee.

– Reported by Rick Bonnell of theĀ Charlotte Observer