The Charlotte Bobcats have signed veteran guard Larry Hughes to help with depth in the backcourt as they attempt to reach the playoffs for the first time.

Meanwhile, an MRI on forward Gerald Wallace’s left ankle on Saturday revealed no fractures or ligament ruptures. But Wallace likely will miss Sunday’s game at Orlando after being injured on Friday.

General manager Rod Higgins announced this month they wouldn’t sign Hughes because of his broken finger. But the injury has healed sooner than expected, and Hughes could be ready to play in about a week. He walked through plays and participated in shooting drills in practice Saturday.

Charlotte has been looking for help in the backcourt after trading Flip Murray to Chicago last month.

Press Release