James Johnson has agreed to a two-year deal with the Toronto Raptors, according to Gary Parrish of CBS Sports. Doug Smith of the Toronto Star confirmed the agreement and reports the deal is worth $5 million over the two seasons, meaning the Raptors used part of their mid-level exception to acquire Johnson.
This will be Johnson's second stint in Toronto. The former first-round pick was acquired by the Raptors in a trade with the Chicago Bulls during the 2010-11 season, and he remained in Toronto through the next season before getting dealt to the Sacramento Kings in the summer of 2012.
Johnson joined the Memphis Grizzlies last year, where he had some success off the bench. The 27-year-old averaged 7.4 points, 3.2 rebounds and 2.1 assists while shooting 46.4 percent from the field in 52 games. He also blocked over a shot per game despite playing just 18.4 minutes per game, and he posted a stellar PER of 18.50.
The Raptors have been busy this offseason, re-signing Kyle Lowry, Patrick Patterson and Greivis Vasquez. The addition of Johnson will add more depth on the wing, and Toronto is hoping this second go-round will be better than the first.