The Bobcats have signed both of their 2008 NBA Draft picks D.J. Augustin and Alexis Ajinca to multi-year contracts, according to The Charlotte Observer.

Under the stated terms of the league's collective bargaining agreement, each player has received a two-year guaranteed contract, with team options for each of the following two seasons.

The signing of Ajinca means that the Bobcats have successfully released him from his pre-existing contract with Hyeres-Toulon of France.