Reds add Pargo to backcourt

Olympiacos Pireaus has made up for the loss of an injured starter by signing more offensive firepower in the person of guard Jannero Pargo, last with Dynamo Moscow. Pargo (188, 30) posted 13.2 points, 3.2 rebounds and 3.2 assists in five Eurocup games in this, his first season in Europe, for Dynamo. Pargo had played the previous six seaons with four NBA teams: New Orleans, Chicago, Toronto and the Los Angeles Lakers. He averaged 8.1 points last season with New Orleans. Olympiacos needs help after its third-best scorer, Josh Childress, was lost for at least a month more due to a sports hernia that was operated on last week. Pargo joins a backcourt that includes the Reds' top scorer, Lynn Greer, as well as former Euroleague MVP Theodoros Papaloukas. Pargo landed in Athens on Tuesday and was due to fly with the team to Milan for the Euroleague Top 16 opener on Thursday against Armani Jeans, which has just signed Hollis Price, also from Dynamo Moscow. "I am very happy that I will play for such a big and well organized club," Pargo stated in Athens. "Two years ago it didn't happen, but now the conditions changed and I am here to give my best and help Olympiacos achieve all its goals and try to win everything. The situation in Dynamo Moscow was very good, but after some problems I decided to move and Olympiacos was the best possible option. I got an offer from New York Knicks, but I prefer to stay in Europe and become a better player than I am."