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Jannero Pargo Signs With Bulls

July 8th, 2009 by Andrew Wamboldt

According to the Yahoo Sports twitter page, Jannero Pargo has signed with the Bulls on a one year deal.

Jannero Pargo has agreed to a one-year deal worth approx $2 million with the Chicago Bulls, a league source told Y! Sports.

Solid signing for the Bulls. Pargo gives the Bulls another scoring option off the bench, and is a good spot player.

The signing temporarily puts the Bulls over the luxury tax, but they can waive some non-guaranteed contracts to slide back under it.

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