The Charlotte Hornets have agreed to one-year deal with veteran point guard and Charlotte native Ish Smith, a league source confirmed Tuesday.
The team has the option to extend him for a second year.
Smith, 33, who graduated from Central Cabarrus High School in 2006 and later went to Wake Forest, is entering his 12th season in the NBA.
The Hornets will be the 12th NBA franchise for which Smith has played. Smith brings a veteran presence to a young Hornets team, and a player who can produce off the bench.
Last season, he averaged 6.7 points per game and 3.9 assists in 44 games and one start.
The Hornets are trying to replace Devonte Graham and Malik Monk, two key guards who left in free agency this week. Graham went to the New Orleans Pelicans in a sign-and-trade, and Monk, an unrestricted free agent signed with the Los Angeles Lakers.