The Charlotte Bobcats officially announced the re-signing of guard Gerald Henderson Tuesday.
Terms weren't disclosed, but Yahoo! Sports reported over the weekend that the deal was worth $18 million over three years.
"We are incredibly pleased that Gerald will remain a part of our team," President of Basketball Operations Rod Higgins said in a statement. "He is a player that we consider an important piece of our core. He has shown significant improvement over the past two seasons and we are confident that he will continue to play a key role for our team."
Henderson, 25, played in 68 games last season and averaged career highs of 15.5 points and 2.6 assists in 31.4 minutes per game. He also posted single-season career bests in scoring (1,055), rebounds (250), assists (177), steals (68), blocks (34), field goals (382), three-point field goals (33), three-point percentage (.330), free throws (258), free-throw percentage (.824) and minutes played (2,133).
He was initially selected as the 12th overall pick by the Bobcats in the 2009 NBA Draft.