March 20, 2011 -- The Chicago Bulls announced today the team has signed free agent guards John Lucas III and Jannero Pargo. In accordance with team policy, terms of the contracts were not announced.
Lucas III (5-11, 165) appeared in two games with Chicago earlier this season, and averaged 1.0 ppg and 0.5 apg in 5.0 mpg.
Pargo, a 6-1, 185-pound guard, joins the Bulls for his fourth stint having played for Chicago during the 2003-06, 2009-10 seasons. A seven-year NBA veteran, Pargo played overseas in 2008-09, where he split time between the MBC Dynamo Moscow (Russian Super League) and Olympiacos B.C. (Greek League/Euroleague).
In 379 regular season contests in the NBA, Pargo has averaged 6.6 ppg, 2.0 apg and 1.5 rpg in 15.7 mpg. A .349 career shooter from behind the arc, he also owns career shooting averages of .388 from the field and .861 from the line. He has played in 35 playoff games, and posted postseason averages of 6.2 ppg, 1.6 apg, 1.4 rpg, 14.2 mpg, .370 from the field, .371 from behind the arc and .711 from the line.
Chicago’s roster now stands at 15 players.