The 6-foot-7, 210-pound junior was taken 37th overall out of New Mexico in this year's draft.
Terms were not disclosed when the signing was announced Friday.
Hobson averaged 16.4 points, 8.8 rebounds and 3.6 assists over three college seasons, the first two at Eastern Utah. Last season at New Mexico, Hobson averaged career-highs in rebounds (9.3) and assists (4.6) while scoring 15.9 points and shooting a career-best 36.1 percent from 3-point range (39-108).
Hobson was the Mountain West Conference's Newcomer of the Year and Player of the Year. He was also named a Third Team All-American by The Associated Press.
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