Charlotte Hornets Rumors | Hoops Rumors

Hornets Sign Ish Smith To Two-Year Deal

August 3rd, 2021 at 5:32pm CST by Luke Adams

AUGUST 7: The Hornets have officially signed Smith, the team announced today in a press release. Based on the order in which Charlotte completed its roster moves this week, it looks like the team signed Smith using its room exception after using up all its cap space.

AUGUST 3: The Hornets have agreed to sign free agent point guard Ish Smith, sources tell Shams Charania of The Athletic (Twitter link).

Charania reports (via Twitter) that it’s a two-year deal, with a team option on the second year. Smith will earn $4.5MM in the first year, Charania adds.

Smith, a Charlotte native, has spent the last two seasons in D.C. as a backup point guard for the Wizards. The 33-year-old averaged 6.7 PPG, 3.9 APG, and 3.4 RPG in 44 games (21.0 MPG) in 2020/21, with a shooting line of .434/.367/.576.

While the Hornets have LaMelo Ball atop their point guard depth chart and Terry Rozier as a strong second option, those two guards often share the court, so Charlotte needed to add a reliable backup after agreeing to send Devonte’ Graham to New Orleans in a sign-and-trade deal. It looks like the team has landed on Smith to fill that role.

The Wizards, meanwhile, are making major changes to their point guard position this offseason, as Russell Westbrook will be traded to the Lakers and Smith won’t be back. Washington has agreed to acquire Aaron Holiday from Indiana and is also finalizing a sign-and-trade deal to acquire Spencer Dinwiddie.

Trade Rumors: Dinwiddie, Hornets, Ingles, T. Young

August 3rd, 2021 at 1:10pm CST by Arthur Hill

Spencer Dinwiddie is close to a deal with the Wizards, but it may take some complex maneuvering to get him there, Fred Katz writes in The Athletic’s free agency recap. The two sides are reportedly hammering out a three-year contract worth $60MM, but Washington is over the cap, so a sign-and-trade will have to be arranged involving the Nets and maybe more teams.

Katz points out that Brooklyn is already over the luxury tax threshold for next season and isn’t interested in adding salary. He suggests the teams may try to tie this deal to the trade sending Russell Westbrook to the Lakers. Katz is confident that Dinwiddie will eventually join the Wizards, but it won’t be easy to work through the details.

In the same piece, Alex Schiffer notes that Brooklyn has been trying to unload DeAndre Jordan‘s contract, which is worth nearly $20MM over the next two years. John Hollinger says the Lakers could send Kyle Kuzma directly to the Nets instead of the Wizards, which would enable Brooklyn to include Jordan and avoid a huge rise in its tax bill.

There’s more on potential trades to watch for:

The Hornets are one of the few teams that still has flexibility after an active first night of free agency, Hollinger adds. A sign-and-trade of Devonte’ Graham allows Charlotte to have $15MM in cap room or to expand the deal and bring another player, possibly Lauri Markkanen. Hollinger states that the Hornets still need one more guard and another big man.
The Warriors would be interested in trading for Joe Ingles if the Jazz make him available, sources tell Marcus Thompson II of The Athletic. Ingles will turn 34 soon, but his passing and shooting would be valuable in Golden State’s system, though Thompson cautions that actually acquiring him would be tricky from a cap perspective. The Warriors still have hope of signing longtime Spurs guard Patty Mills, Thompson adds.
Several contending teams and younger teams are interested in getting Thaddeus Young from the Bulls, tweets Joe Cowley of The Chicago Sun-Times. Chicago is hoping to resolve the situation with Markkanen before making a decision on Young.
There’s still a chance the Raptors could keep Goran Dragic– who is being acquired from the Heat in the Kyle Lowry sign-and-trade – rather than flipping him to another team, according to Michael Grange of Sportsnet (Twitter link).

Pelicans To Acquire Devonte’ Graham Via Sign-And-Trade

August 2nd, 2021 at 8:31pm CST by Luke Adams

The Pelicans are acquiring restricted free agent point guard Devonte’ Graham in a sign-and-trade deal with the Hornets, reports Shams Charania of The Athletic (Twitter link). Graham will be signing a four-year, $47MM contract with New Orleans, his agents Ty Sullivan and Austin Brown tell Adrian Wojnarowski of ESPN (Twitter link).

According to Charania, Charlotte is getting a first-round pick back in the deal. Wojnarowski reports (via Twitter) that it’ll be the Pelicans’ own 2022 first-rounder, with top-14 protection.

Having approached free agency hoping to land a top-tier point guard such as Chris Paul or Kyle Lowry, the Pelicans were forced to pivot as those All-Stars committed to other teams. Instead, the team will end up with Tomas Satoransky (via the Lonzo Ball sign-and-trade with Chicago) and Graham, who emerged as a reliable start during the last two years in Charlotte.

Graham isn’t an especially efficient scorer, having made just 37.7% of his field goal attempts in 2020/21. However, that’s primarily a result of his struggles scoring inside the arc — his three-point mark was a very respectable 37.5%. In addition to his ability to make threes, Graham is an above-average play-maker (6.5 APG over the last two seasons) and a respectable defender.

Moving on from Graham shouldn’t be a major blow to the Hornets, since they still have a solid backcourt that features LaMelo Ball, Terry Rozier, and lottery pick James Bouknight. Charlotte could also now have an extra pick in the first round of the 2022 draft, and with Graham no longer on the books, the club will create a little extra cap flexibility in both the short- and long-term.

Fischer’s Latest: Bulls, Ball, Pelicans, Hornets, Lakers, Schröder, Knicks, More

August 2nd, 2021 at 3:13pm CST by Luke Adams

While it’s possible the Bulls will sign restricted free agent point guard Lonzo Ball to an offer sheet in the four-year, $80MM range, doing so would be a risk, since the Pelicans could match that offer and leave Chicago empty-handed. According to Jake Fischer of Bleacher Report, a possible three-team deal involving the Bulls, Pelicans, and Hornets could eliminate that risk and ensure Ball lands in Chicago.

The structure – which John Hollinger of The Athletic alluded to earlier today and which has seemingly gained traction, per Fischer – would see Ball going to the Bulls, Devonte’ Graham to the Pelicans, and Tomas Satoransky, Josh Hart, and draft assets to the Hornets.

Fischer cautions that this is only one idea in play and that things should become clearer once free agency opens. A sign-and-trade that only involves the Bulls and Pelicans – with Satoransky going to New Orleans – is also a possibility, he adds.

Here’s more from Fischer’s latest rumor roundup:

The Lakers haven’t given up on the possibility of acquiring Buddy Hield from the Kings, but they don’t appear to be working closely with Dennis Schröder‘s camp on a possible sign-and-trade arrangement, per Fischer.
The Knicks and Wizards are still considered possibilities for Schröder, according to Fischer. The veteran point guard is also believed to be one of the Bulls‘ targets if they can’t land Ball, Fischer notes, writing that Chicago has done its homework on DeMar DeRozan and Richaun Holmes as well.
The Knicks are widely believed to be a frontrunner to sign Evan Fournier, perhaps for a three-year deal worth about $18MM annually, Fischer reports. Alec Burks and Nerlens Noel are also strong candidates to re-sign with New York for deals worth about $10MM per year, Fischer adds.
Will Barton appears likely to return to the Nuggets, according to Fischer, who says a two-year, $32MM+ contract is a real possibility.
Cameron Payne is considered a good bet to re-sign with the Suns for a deal in the $6MM-per-year range, says Fischer.

Free Agent Rumors: Lowry, DeRozan, Knicks, Graham, Jackson, More

August 2nd, 2021 at 2:22pm CST by Arthur Hill

Now considered to be favorites to land Kyle Lowry in free agency, the Heat may try to bring in DeMar DeRozan as well, tweets Jordan Schultz of ESPN, confirming a series of reports from the last 24 hours.

Lowry and DeRozan were backcourt partners in Toronto for many years and have remained close friends. Miami is looking at a sign-and-trade as the best way to add Lowry, and is hoping that DeRozan might be available for the mid-level exception. That represents a big pay cut, but sources tell Schultz he might be interested if it means a chance to play alongside Lowry again.

If DeRozan turns down the MLE, the Heat will focus on finding a stretch four, says Barry Jackson of The Miami Herald (Twitter link). There is support among the front office for Jeff Green, according to Jackson, who mentions Bobby Portis, Rudy Gay and Otto Porter as other options.

Meanwhile, Goran Dragic is expected to be part of a sign-and-trade with Toronto for Lowry, but the Raptors are unlikely to keep him. The Mavericks will be among the teams with interest in Dragic, according to Jackson (Twitter link).

Miami would also like to bring back reserve center Dewayne Dedmon, but he may get better offers, says Jackson (Twitter link). The Heat, who only hold Non-Bird rights on Dedmon, may have to offer part of their $3.6MM biannual exception to be competitive.

There’s more as the start of free agency draws closer:

The Knicks have some mutual interest with DeRozan, as well as Celtics shooting guard Evan Fournier, writes Ian Begley of SNY.tv. Begley also hears that Bulls guard Tomas Satoransky would be part of the potential return in a sign-and-trade if Chicago lands Pelicans RFA Lonzo Ball, while rival teams expect Duncan Robinson to re-sign with the Heat.
While he isn’t necessarily their Plan A or B, Cameron Payne is one of the free agent point guards on the Knicks‘ radar, writes Marc Berman of The New York Post. New York has considered a Payne/Derrick Rose tandem at point guard for next season, Berman adds.
The Thunder are seen by rival executives as a possible suitor for Hornets guard Devonte’ Graham, tweets Chris Haynes of Yahoo Sports. Graham is a restricted free agent, so Charlotte can match any offer, but Oklahoma City has the cap flexibility necessary to put pressure on the Hornets.
The Pelicans, Knicks, Celtics, and Nuggets are among the teams expected to express interest in point guard Reggie Jackson, per Sam Amick of The Athletic (Twitter link).
EuroLeague standout Tyler Dorsey, who previously played for Atlanta and Memphis, is positioned for a return to the NBA and is drawing interest from several teams, tweets ESPN’s Adrian Wojnarowski.

Luke Adams contributed to this post.

Free Agent Rumors: Dinwiddie, Ball, DeRozan, Pistons, Clippers

August 2nd, 2021 at 8:58am CST by Luke Adams

There are conflicting rumors on the possibility of the Wizards acquiring Spencer Dinwiddie via sign-and-trade, according to John Hollinger of The Athletic, who says that one source described that scenario as “pure vapor,” while another insisted that it’s real if the Nets can dump DeAndre Jordan‘s contract in the process.

As Hollinger points out, if the Wizards expand their Russell Westbrook trade with the Lakers to include Brooklyn, they could theoretically flip Kyle Kuzma to the Nets and acquire Dinwiddie via sign-and-trade while also taking on Jordan’s contract.

However, there are other scenarios in play for both Dinwiddie and the Wizards. Both Hollinger and Jake Fischer of Bleacher Report suggest that the idea of the Thunder signing Dinwiddie for a deal in the two-year, $40MM range has been floating around the league, and Fischer reiterates that Dinwiddie is a viable Plan B for the Pelicans if they miss out on Kyle Lowry.

Meanwhile, both Hollinger and Fischer say the Wizards are also believed to have interest in point guard Alex Caruso, whose market could be in the neighborhood of the full mid-level exception. Hollinger adds that there has been “some hum” about the possibility of Washington having interest in Pacers guard Malcolm Brogdon.

Here are a few more rumors on some of this year’s top free agents:

Hollinger and Fischer identify the Bulls as the most likely team to sign Lonzo Ball to an offer sheet, likely in the four-year, $80-84MM range. However, Chicago would have to dump some salary to make room for such an offer sheet, and it’s unclear if the team is prepared to make those moves without being certain the Pelicans won’t match the offer, notes Hollinger.
The Celtics continue be mentioned as a possible Ball suitor, per Fischer and Sam Amick of The Atheltic. Amick also names the Mavericks as a possibility for Ball, while Hollinger dubs the Pacers a “dark horse” in the Ball sweepstakes, suggesting that a deal sending Malcolm Brogdon to the Pelicans could tempt New Orleans. Finally, Hollinger mentions an intriguing double sign-and-trade possibility that would send Lonzo to the Hornets to team up with his brother LaMelo Ball, with Devonte’ Graham going to the Pelicans.
- Note: Hollinger has since amended this last item, suggesting that Lonzo and Graham could be involved in a double-sign-and-trade, but that Ball would likely be rerouted to a team besides Charlotte in that scenario.
The idea of DeMar DeRozan signing with the Heat for their mid-level exception has been a hot rumor lately, according to Hollinger. However, Fischer says DeRozan is also said to have interest from the Knicks, Pistons, and Mavericks, while Amick indicates a return to the Spurs remains “very possible.”
According to both Hollinger and Fischer, Kelly Olynyk has been increasingly mentioned as a target for the Pistons, who also may re-sign Cory Joseph at a lesser rate after waiving him over the weekend.
Outside of bringing back Kawhi Leonard, the Clippers‘ top priorities in free agency are re-signing Reggie Jackson and Nicolas Batum, sources tell Amick.

Hornets Tender QO To Devonte’ Graham, Make Malik Monk UFA

August 1st, 2021 at 4:14pm CST by Luke Adams

The Hornets have made point guard Devonte’ Graham a restricted free agent by tendering him a qualifying offer, but won’t give shooting guard Malik Monk a QO, according to Rod Boone of SI.com (Twitter links).

Graham, the 34th overall pick in the 2018 draft, had a breakout season for Charlotte in 2019/20, when he averaged 18.2 PPG and 7.5 APG in 63 games. He saw his role dialed back a little this past season due to the emergence of fellow point guard LaMelo Ball, but was still a solid backcourt contributor for the Hornets, recording 14.8 PPG and 5.4 APG with a .375 3PT%.

Graham’s qualifying is worth approximately $4.7MM. While he could accept that one-year offer, it’s more likely that he’ll work out a more lucrative – and longer-term – agreement with the Hornets or another team. According to Boone, Charlotte considers Graham a part of the team’s core and is hopeful the two sides can work out a new deal.

The Hornets’ decision on Monk is the more interesting of the two. The former 11th overall pick struggled in his first three NBA seasons, making just 32.2% of his three-point attempts and serving a drug-related suspension in 2020. However, he emerged as a reliable role player in 2020/21, averaging 11.7 PPG on .434/.401/.819 shooting in 42 games (20.9 MPG).

With a crowded backcourt – one that now includes 11th overall pick James Bouknight – the Hornets opted against issuing Monk a $7MM+ qualifying offer, so he’ll be free to seek out a new home as an unrestricted free agent. Teams in need of shooting on the wing could give the former Kentucky standout a look this week.

The Hornets also didn’t tender a qualifying offer to two-way player Grant Riller, according to Michael Scotto of HoopsHype, who tweets that the team and player aren’t ruling out a new deal.

Western Rumors: Lakers, Pelicans, McDermott, Ja. Green, Holmes, More

July 31st, 2021 at 8:58am CST by Luke Adams

After agreeing to acquire Russell Westbrook from Washington, the Lakers won’t have a ton of cap flexibility to add outside free agents this offseason. Los Angeles will likely be limited to the taxpayer mid-level exception and minimum-salary contracts, since acquiring a player via sign-and-trade would create a hard cap that the team wouldn’t be able to stay under.

However, even with limited resources, that doesn’t mean the Lakers will have to wait until the second or third wave of free agency to go bargain hunting. According to Jake Fischer of Bleacher Report, people around the NBA believe that several veterans in search of a championship ring could be willing to pass on more lucrative offers elsewhere to join the Lakers. Fischer identifies DeMar DeRozan, Rudy Gay, and Carmelo Anthony as some players who may fit that bill.

Here are a few more rumors from around the Western Conference:

The Pelicans, Suns, and Nuggets are believed to be among the teams interested in pursuing Pacers sharpshooter Doug McDermott in free agency, according to Fischer. A recent report from The Indianapolis Star suggested Indiana may lose McDermott this summer.
A return to the Nuggets is a possibility for JaMychal Green, but the power forward is also expected to draw interest from the Pelicans and Timberwolves, says Fischer.
Following up on a Marc Stein report linking Daniel Theis to the Rockets, Fischer confirms Houston is eyeing the veteran big man and suggests the team’s $8.2MM trade exception could be used to land Theis in a sign-and-trade.
According to Fischer, sources expect Richaun Holmes to remain with the Kings. That’s a bit of a surprise — Sacramento only has Holmes’ Early Bird rights and has been linked to several other centers, having agreed on Friday to acquire Tristan Thompson. But the Hornets, one of Holmes’ presumed suitors, are no longer expected to go big for a free agent center after drafting Kai Jones and agreeing to trade for Mason Plumlee, per Fischer. The Raptors, Mavericks, and Knicks may still be possibilities for Holmes, Fischer adds.
The Mavericks are viewed as the favorites to sign Sterling Brown in free agency, league sources tell Fischer.

D.J. Carton Signs Exhibit 10 Deal With Hornets

July 30th, 2021 at 9:15am CST by Arthur Hill

AUGUST 7: The signing is official, the Hornets announced in a press release.

JULY 30: The Hornets will sign undrafted rookie D.J. Carton to an Exhibit 10 contract, tweets Shams Charania of The Athletic.

The 6’2″ guard played for one year at Ohio State before transferring to Marquette last season. He averaged 13 points, 4.1 rebounds and 3.4 assists per game as a junior.

The Hornets were among the teams Carton visited for a workout before the draft.

The Exhibit 10 deal will give Carton an opportunity to attend training camp with Charlotte and possibly land a two-way contract or become an affiliate player with the Greensboro Swarm.

Draft Notes: Duarte, Warriors, Hornets, Mavs, Stashes

July 30th, 2021 at 7:46am CST by Luke Adams

The Pacers ended up with Oregon’s Chris Duarte on draft night, using the No. 13 pick to select him. However, Duarte drew plenty of interest from other teams before Indiana snatched him up late in the lottery, writes J. Michael of The Indianapolis Star.

[RELATED: 2021 NBA Draft Results]

According to Michael, a Warriors official told Duarte on the way to the draft that he’d be their choice at No. 14. Golden State subsequently tried to make a trade with the Pacers after Indiana picked Duarte, says Michael. Meanwhile, the Knicks‘ “furious” attempts to move into the top 10 or the late lottery were believed to be focused on Duarte, according to Michael, who adds that the Jazz offered the No. 30 pick and Joe Ingles in a deal to get in position to draft the Oregon wing.

A Warriors source denied to Michael that Golden State tried to trade for Duarte even after selecting Moses Moody at No. 14, but Michael says two independent sources confirmed his report, and Monte Poole of NBC Sports Bay Area (Twitter link) corroborated it.

Here’s more on the 2021 NBA draft, the day after:

Hornets president of basketball operations Mitch Kupchak said there was huge demand for the No. 11 pick, which Charlotte used to draft James Bouknight. “There was as much demand for that pick this year as I’ve ever seen for a pick in my years,” the veteran executive said, per Jonathan M. Alexander of The Charlotte Observer (Twitter link).
The Mavericks entered draft night without any picks, but president of basketball operations Nico Harrison said the team got “lots of calls” about getting into the first or second round. The price was ultimately “too rich for our blood,” according to Harrison (Twitter link via Brad Townsend of The Dallas Morning News).
A pair of second-round picks by Atlantic teams are expected to be draft-and-stash prospects. The Celtics‘ No. 45 pick, Juhann Begarin, will likely remain in France for another season, per president of basketball operations Brad Stevens (Twitter link via Jared Weiss of The Athletic). And the Sixers’ No. 50 pick, Filip Petrusev, also isn’t expected to come over right away, as first reported by Rich Hofmann of The Athletic (Twitter link) and later confirmed by president of basketball operations Daryl Morey (Twitter link via Derek Bodner of The Athletic).