Jeff Peterson: Hornets Will Continue To ‘Listen To Everything’

After finalizing a deal to send Nick Richards to the Suns on Wednesday, Hornets president of basketball operations Jeff Peterson suggested in a Zoom call with reporters that the team isn’t done exploring its options on the trade market, writes Roderick Boone of The Charlotte Observer.

“We’ve received calls on multiple of our players,” Peterson said. “Nick Richards, we received multiple calls on him. We have good players. I think some of the injuries from a synergy standpoint have made it really tough to jell and see what this group can do.

“But, yeah, I think at this point, look, we are going to listen to everything. We are not going to do anything to compromise the future, but we are going to do what’s best for the organization that we see going forward in order to be sustainable going forward.”

Richards had been a productive contributor for the Hornets in recent years and was on a team-friendly contract, with a $5MM salary this season and a $5MM cap hit for 2025/26. However, as Boone details, Charlotte was comfortable sacrificing some depth in the middle due to the fact that starting center Mark Williams is healthy and looking like his old self, while two-way big man Moussa Diabate has emerged as a regular part of the rotation.

“We feel good about it,” Peterson said. “(Head coach) Charles (Lee) and me are lockstep in what a deal like this means for the roster.”

As Peterson explained, his goal is to build a “sustainable” contender and to avoid “taking shortcuts,” which is why he remains focused on stockpiling assets that will benefit the team in the long run.

“I have zero interest in making the playoffs for one year, and then being out for the next four or five, and then in for two and out again after that,” he said. “So, we want to again build something that has sustainability to it. So, at the same time, we’ve got to continue to take advantage of deals like this that’s adding picks to our treasure chest, if you will, or whatever it may be for us to have that optionality.”

Here’s more on the Hornets on the heels of their first in-season deal of 2024/25:

• Josh Okogie may not end up being part of the Hornet’ long-term plans, but Peterson’s comments on Wednesday indicated that the club isn’t necessarily looking to flip him right away. As Boone relays, Charlotte’s head of basketball operations referred to Okogie as the kind of player “we want to bring into this organization,” lauding his character and competitiveness. “He’s having a career year shooting the basketball this year,” Peterson added. “It speaks to his work ethic and amount of time he puts into the gym. So he’s physical, he’s a great defender. We are just excited to get him into the organization.”
• Michael Scotto of HoopsHype confirms that the Suns and Hornets explored a bigger deal involving Richards and Jusuf Nurkic before agreeing to their Richards/Okogie swap. According to Scotto, Phoenix coveted Hornets swingman Cody Martin, but Charlotte wasn’t willing to take on Nurkic’s sizable contract, which includes a $19MM+ guaranteed salary in 2025/26.
• Scotto says the Hornets will continue to prioritize adding draft capital in the coming weeks while positioning themselves for a high pick in the 2025 draft. Scotto identifies Martin, point guard Vasilije Micic, and possibly Okogie as some trade candidates to watch.