Friday , Aug , 15 , 2008 C.Y. Ellis

Jannero Pargo Signs with Dynamo Moscow

Jannero Pargo Signs with Dynamo Moscow New Orleans Hornets free agent guard Jannero Pargo, a valued sixth man, has signed a one-year contract with Moscow Dynamo worth $3.8 million, sources told Yahoo! Sports.

Once again, an American-born player with options in the NBA has chosen to take a more lucrative offer overseas. Pargo is the second NBA player to sign with Dynamo this summer, joining ex-New Jersey Nets forward Bostjan Nachbar. They will play for American-born coach, David Blatt, who was hired to take over the team.

Pargo, 28, had developed into a dangerous bench scorer for the Hornets and attracted the interest of several teams, including the San Antonio Spurs and Atlanta Hawks.

Visit Yahoo! Sports for the full story.

Is this the moment a minor trend became a major epidemic?  Will Pargo’s signing have greater ramifications for the rest of the league?  How much longer until the NBA responds?  Comment in the box below with your thoughts.