11:09am: The Hawks have officially signed Pargo to a 10-day deal, the team announced in a press release.
10:07am: The Hawks will sign Jannero Pargo to a 10-day contract, agent Mark Bartelstein tells Jorge Sierra of HoopsHype. Atlanta is currently carrying 14 players on its roster, so a corresponding move won't be required to clear space for Pargo.
Pargo earned a spot on the Wizards' roster this fall, but was cut early in the season when Washington signed Shaun Livingston. We heard multiple times after that point that the 33-year-old was drawing interest from teams like the Bulls, Lakers, and others. However, it sounds as if he didn't receive serious interest until the 10-day contract period got underway two weeks ago.
For Pargo, it's a return to the place where he spent the 2011/12 season. In 50 games last year for the Hawks, the veteran guard averaged 5.6 PPG and 1.9 APG while recording a decent 13.6 PER. He'll provide Atlanta some backcourt depth over the next ten days as the club deals with the loss of Louis Williams for the season.