The Hornets have reached an agreement with Orlando Magic free-agent point guard Darrell Armstrong on a two-year contract, a source close to the negotiations said Saturday.

Armstrong, 35, will arrive in New Orleans on Monday to take a physical examination, then be introduced by the team at an afternoon press conference, the source said.

Hornets general manager Bob Bass has not commented on free agents during the free-agency signing period, which started July 16. He declined to comment Saturday.

The Hornets hope Armstrong is the reliable veteran they sought in free agency to back up Baron Davis. The Hornets want to decrease Davis' chances of injury by giving him more time to rest.

Davis, who averaged 37.5 minutes per game last season, suffered from chronic back spasms and knee problems and missed 32 games.

Armstrong, 6 feet 1, is an aggressive defender known for his hustle. He played in all 82 games last season and averaged 9.4 points and 3.9 assists.

Armstrong wanted to re-sign with the Magic, but the team didn't offer him a contract after signing free-agent point guard Tyronn Lue.