Washington Wizards sign Shaun Livingston, release Jannero Pargo

In a move that many (including me) feel was long overdue, the Washington Wizards have signed free-agent point guard Shaun Livingston, according to a team press release. To make room for Livingston on the roster, the Wizards will release Jannero Pargo and his partially-guaranteed contract. It remains unclear what kind of contract Livingston received.

Livingston emerged as a cult hero after rescuing his career in a brief stint with the Wizards at the end of the 2009-10 season. He then signed a two-year contract with the Charlotte Bobcats with the second year , was eventually traded to the Milwaukee Bucks and then was dealt to the Houston Rockets in a draft-day deal for John Henson. The Rockets released Livingston in October to cut down their roster and save some money (Livingston's contract was partially guaranteed).

Livingston certainly won't cure the Wizards' perimeter shooting woes, but he's a solid distributor, good ball-handler and will get the team into their sets much better than Pargo did. Pargo was a better shooter, but the Wizards' offense crumbled with him in the game. This was a smart move, and while it won't pay huge dividends, it should help a little bit.

Welcome back, Shaun.