Jannero Pargo has become the latest player to choose Europe over the NBA, signing a one-year deal with Moscow Dynamo worth $3.8 million, according to Yahoo! Sports.

He joins former Nets forward Bostjan Nachbar on the team, who will be coached by an American this season.

The guaranteed money in Russia trumped serious bids made by the Spurs and Hawks.

Pargo averaged more than 10 points a game in the postseason for the Hornets this spring.