Augustin, 28, has established himself as one of the best backup point guards in the league, a player who can handle stretches as a starter.
He’ll play behind starting point guard Elfrid Peyton.
Augustin finished the season with the Denver Nuggets after a deadline trade from the Oklahoma City Thunder. In 28 games for the Nuggets, Augustin averaged 11.6 points and 4.7 assists.
In nine NBA seasons, Augustin has had stops in Charlotte, Indiana, Toronto, Chicago, Detroit, Oklahoma City and Denver.