The Toronto Raptors made a pair of personnel moves official on Thursday, confirming the re-signing of point guard Greivis Vasquez and the signing of forward James Johnson.
Vasquez' deal is reportedly worth $13 million over two years. Johnson's is a reported $5 million, fully guaranteed, over the next two years.
Both signings were initially reported last week.
Vasquez averaged 9.5 points, 3.7 assists and 21.5 minutes in 61 appearances with the Raptors last season.
“Greivis' passion for the Raptors and Toronto is wonderful,” said Raptors President and General Manager Masai Ujiri. “He is a versatile player who provides us with energy and depth.”
In 52 games with the Memphis Grizzlies in 2013-14, the 27-year-old Johnson averaged 7.4 points, 3.2 rebounds and 2.1 assists.
This marks Johnson's second tour of duty with the team, having spent 2010-12 with the team after they acquired him via trade from the Chicago Bulls.
“We are happy to have James return to our club,” said Ujiri. “He provides us with size at small forward and gives us additional depth up front.”