Tony Parker

Former Spurs guard Tony Parker to sign with the Hornets

Former San Antonio Spurs point guard Tony Parker has agreed to sign with the Charlotte Hornets, per Shams Charania of Yahoo! Sports.

What It Means:

The deal is reportedly for two years, $10M as the Spurs' vet was likely convinced to join the Hornets by fellow Frenchman Nic Batum and new Charlotte head coach James Borrego, a former Spurs' assistant. Parker will provide valuable minutes behind Kemba Walker and will serve as a mentor for Charlotte's young guards. Dejounte Murray will see a slight bump in minutes as the Spurs' unquestioned starting point guard next season.

Parker averaged 7.7 points, 3.5 assists, and 0.5 steals in 19.4 minutes per game last season.