The Raptors officially announced the signing of veteran point guard D.J. Augustin on Monday.

“Adding a young, experienced point guard to our roster was one of our objectives going into this off-season,” Raptors president and general manager Masai Ujiri said in a release.

“D.J. will provide experience and give us depth in the backcourt.” Augustin, a slender guard played last season primarily as a reserve for Indiana, often with fellow new Raptors edition Tyler Hansbrough.

He previously started for the Charlotte Bobcats.