Charlotte Hornets Rumors | Hoops Rumors

Lakers Had Largest Financial Loss From Hiatus

October 19th, 2020 at 12:01pm CST by Arthur Hill

All 30 NBA teams suffered financially from the shutdown, but the Lakers were impacted more than anyone, writes Bill Shea of The Athletic. Figures released by Team Marketing Report, a Chicago-based sports business intelligence firm, show the league lost $694MM from the cancellation of 258 regular-season games.

The Lakers missed out on revenue from 10 home games, tied for the most in the league, which cost the franchise an estimated $52.7MM. Rounding out the top five were the Knicks at $45MM, the Warriors at $42.5MM, the Rockets at $35MM and the Celtics at $31.5MM. Teams losing the least tended to be in smaller markets, led by the Grizzlies at $10.4MM, the Hornets and Timberwolves at $11.7MM each and the Cavaliers and Suns at $11.8MM each.

TMR arrived at the figures by using a weighted formula that considers Fan Cost Index, premium vs. regular ticket prices and attendance. The Fan Cost Index estimates how much it costs a family of four to attend a game. The NBA average for this season is $430, up about $9 from a year ago. Golden State created the most income from fans this year at $6MM per game, with the Lakers just behind at $5.6MM and the Knicks at $5.2MM. The Hornets were last, generating just $1.1MM per home game.

Although the NBA brings in $2.6 billion annually through its national television deals and billions more in corporate advertising, the league still depends heavily on fans coming to games. Commissioner Adam Silver has estimated that attendance is responsible for about 40% of revenue, which is why TMR owner and publisher Chris Hartweg believes teams will aggressively offer promotions to bring the public back when it becomes safe to fill arenas again.

“Something that jumps out as we’ve gone through these gross game day fan revenue exercises is that fan attendance is still critical to teams, even with billion-dollar media deals to cushion the blow,” Hartweg said. “If you take the NBA numbers and project across a full 41-home game season, the average NBA team hit becomes more than $110 million each. Leaguewide, we’re talking $3.3 billion. Our MLB projection was $173 million per team or $5.5 billion total for their 81 lost games.

“Those dollars are a huge incentive for teams and venues to make their facilities as safe as possible for fans to return as soon as possible. And in fans’ favor, we anticipate teams creating very fan-centric deals and offerings to welcome fans back.”

Cavs, Hornets, Hawks Expected To Have Interest In Derrick Jones

October 15th, 2020 at 5:00pm CST by Luke Adams

Unrestricted free agent wing Derrick Jones is expected to receive interest from the Cavaliers, Hornets, and Hawks, among others, sources tell Charania. At just 23 years old, Jones is an unusually young UFA and still has room to develop, which explains why several rebuilding teams will likely kick the tires.

[SOURCE LINK]

Community Shootaround: Eastern Conference Odds For 2020/21

October 13th, 2020 at 1:06pm CST by Luke Adams

The Heat lost just three games during the first three rounds against their playoff opponents in the East en route to an NBA Finals appearance this year, eliminating three of the top four seeds in the conference in the process. However, Miami’s impressive postseason run hasn’t made the team the favorite to come out of the East in 2021, according to oddsmakers.

At BetOnline.ag, the Heat are listed at +450 to win the Eastern Conference in ’21, meaning you’d win $450 on a $100 wager should Miami repeat as conference champs. The Bucks (+375), Celtics (+425), and Nets (+425) are currently considered more likely to represent the East in next year’s NBA Finals.

The rest of the odds to win the East next year are as follows, per BetOnline.ag:

Raptors: +750
Sixers: +1200
Bulls: +3300
Hawks: +3300
Pacers: +3300
Wizards: +3300
Magic: +10000
Cavaliers: +12500
Knicks: +12500
Pistons: +12500
Hornets: +17500

It’s obviously way too early to forecast the outcome of the 2020/21 season with any confidence. The draft and free agency are still to come, and we don’t know yet which teams will make major splashes on the trade market. If Victor Oladipo is dealt from Indiana to another Eastern team, for example, it could significantly change the conference’s outlook for next season.

Still, anticipated roster moves are at least somewhat baked into BetOnline’s current odds — if the Pacers had a ton of cap room to use this offseason and Oladipo and Myles Turner weren’t viewed as potential trade candidates, it’s a safe bet that they wouldn’t be listed alongside lottery teams Chicago, Atlanta, and Washington on the list above.

So, with the caveat that plenty could change in the coming months to alter the outlook of the East for the 2020/21 season, we want to get your thoughts on the early projections from oddsmakers.

Should the Bucks be considered the favorites to win the East? Should the Heat be listed higher than fourth among Eastern teams? Are the Nets or other teams being overvalued? Are the Pacers or other teams being undervalued? Which team do you like to come out of the East next season? And which club do you view as the best value pick based on the odds listed above?

Head to the comment section below to weigh in with your early forecast for the Eastern Conference in 2020/21!

Pros and Cons of Graham Extension; Hornets Conclude Mini-Camp

October 5th, 2020 at 9:03pm CST by Alex Kirschenbaum

The Hornets concluded their two-week mini-camp team workouts on October 2, Rick Bonnell of the Charlotte Observer tweets. Bonnell wrote in a wrap-up piece that there was much to glean from the mini-camp, including 6’7″ forward P.J. Washington, a 2019/20 All-Rookie Team selection, being used at center.
Hornets guard Devonte’ Graham has a non-guaranteed $1.66MM contract awaiting him in 2020/21, but Charlotte could also offer the 2018 second-round draft pick a long-term extension to avoid Graham entering restricted free agency in 2021. In a separate Observer article, Bonnell assesses the potential positives and negatives that could stem from extending Graham, who became the team’s leading scorer this past season.

Marvin Williams Has Standing Job Offer From Hornets

October 4th, 2020 at 3:31pm CST by JD Shaw

Marvin Williams has a standing offer to work for the Hornets in the future, his father, Marvin Williams Sr., told Spencer Davies of BasketballNews.com. Williams retired from the league this year after spending 15 seasons as a player, with his next job immediately unclear. “He mentioned to me that he really likes the [Basketball Without Borders] program, but because of the COVID, that whole process may have changed,” Williams Sr. said. “I think that’s the avenue he would like to go down, but if not… he’s a kinda laid-back guy, so he’s like, ‘Dad, I could be content working with North Carolina, being a film guy for the basketball team, making $60-70K a year. I’d be content with that.’ Larry Jordan, Michael Jordan and them guys have told him — and sat down with me and told me — that if he wanted to come back and work for the [Charlotte] Hornets, he was more than welcome to. So he’s got some options, it’s just a matter of which one he chooses to pick.”

Miles Bridges Looking To Establish Consistency Heading Into Next Season

September 30th, 2020 at 8:53pm CST by Jovan Alford

Heading into his third season, Hornets forward Miles Bridges is looking to establish consistency, writes Sam Perley of Hornets.com. This season, the former Michigan State standout averaged 13 PPG, 5.6 RPG, and 1.8 APG. Charlotte head coach James Borrego said that the team gave Bridges more responsibility on the defensive end, which he earned. However, he also wants the small forward to be consistent offensively. The 22-year-old agrees with those statements and feels he has room for improvement. “I always want to improve on my defense,” he stated. “My off-ball defense, I feel like that’s gotten better with my communication. I feel like my on-ball defense is pretty good, but if I get better on my off-ball and my communication, I feel like I’ll be good.”

Pacific Notes: Howard, Nnaji, Bjelica, Hield

September 29th, 2020 at 5:25pm CST by Dana Gauruder

Veteran center Dwight Howard, who will be back on the free agent market after the Finals, is thankful the Lakers took a chance on him, Michael Scotto of HoopsHype tweets. Howard was moved into the starting lineup during the conference finals. “It’s been the hardest road to get back here. I’m very grateful,” he said. “I’ve never given up on myself.”

We have more from the Pacific Division:

Power forward prospects Zeke Nnaji and Jalen Smith have interviewed the Suns, according to Duane Rankin of the Arizona Republic. Nnaji, who played at Arizona, is ranked No. 35 overall by ESPN, while Maryland’s Smith is considered first-round material at No. 20. The Suns currently own just one pick in the draft, the No. 10 overall selection.
The Kings’ decision on whether to retain forward Nemanja Bjelica could hinge on how much new GM Monte McNair values Marvin Bagley III, as well as the team’s financial constraints, Jason Jones of The Athletic writes. The Kings hold a $7.15MM option on Bjelica’s contract next season but re-signing Bogdan Bogdanovic is an even bigger priority, Jones continues. If Sacramento drafts another power forward, the team may find Bjelica expendable, Jones adds.
The Knicks, Sixers, Grizzlies and Hornets are some of the teams that might be willing to absorb Buddy Hield‘s four-year, $106MM extension and make a deal for the Kings‘ shooting guard, Frank Urbina of HoopsHype speculates. All four of those teams could benefit from the outside shooting of Hield, who had a somewhat disappointing season after signing his extension, which kicks in next season.

Eastern Notes: Monk, Heat, Kanter, Dinwiddie

September 27th, 2020 at 5:43pm CST by JD Shaw

Hornets guard Malik Monk is seeking to regain the trust of his teammates after being suspended for violating the NBA’s anti-drug policy in February, Rick Bonnell of the Charlotte Observer writes.

Monk, who missed eight games due to the suspension and lost roughly $200K in salary, claims he’s in a better physical and emotional state now.

“I did it. I took my consequences for it,” Monk said of his suspension. “I think I’m making up for it right now. … I’m in a great place with my mind and my body. The responsibility now is even bigger for me to stay like this, instead of swerving off a little bit.”

Monk, the No. 11 pick of the 2017 draft, averaged 10.3 points and 2.1 assists in 21.3 minutes per game this season. He shot a career-high from the field (43.4%), though it was coupled with a career-low shooting mark from three-point territory (28.4%). Monk is entering the final year of his rookie contract, making him eligible for free agency in 2021.

Here are some other notes from the Eastern Conference tonight:

The Heat are utilizing veteran experience from Udonis Haslem and Andre Iguodala as they seek to reach their first NBA Finals since 2014, Anthony Chiang of The Miami Herald writes. Haslem and Iguodala are the only Heat players to ever play in the Finals — both players are three-time NBA champions (Haslem with Miami in 2006, 2012, and 2013; Iguodala with Golden State in 2015, 2017 and 2018).
Chris Forsberg of NBC Boston explores how Enes Kanter saved the Celtics’ season with his energetic play in the first half of Game 5. Kanter recorded eight points, four rebounds, and two assists in just over nine minutes, providing a spark to keep Boston within reach entering halftime. “[Kanter] kind of kept us at bay,” head coach Brad Stevens said. “We were struggling, they hit some really tough shots. [Duncan] Robinson was going nuts, and Kanter’s points in the paint, I thought, really helped. And kind of helped steady us and give us a chance at halftime, only being down 7.”
Billy Reinhardt of NetsDaily examines whether the Nets’ offseason plans hinge on the fate of Spencer Dinwiddie, who could be traded in a package for a third star or kept as the lead ball-handler off the bench next season. Dinwiddie stepped up his play this season and has stated his willingness to surrender offensive opportunities for Kyrie Irving and Kevin Durant, averaging a career-high 20.6 points and 6.8 assists per game on the season.

Draft Notes: Yurtseven, Combine, Toolson, Jessup

September 25th, 2020 at 12:17pm CST by Luke Adams

Former Georgetown big man Omer Yurtseven has met virtually with about a third of the teams in the NBA, including the Hawks, Wizards, Spurs, Hornets, Kings, Sixers, and Rockets, per Chase Hughes of NBC Sports Washington. As Yurtseven explained in a conversation with Hughes, he has made an effort to do his homework on each team interviewing him in order to make a good impression during those meetings.

“You have to know their rosters in order to see how they would fit in; what shooters are you going to be able to kick out to, or what bigs would you be playing with, what picks do they have,” Yurtseven said. “In all the interviews, I try to incorporate all the things I know about them in order to show them that I care, that I want to be on their team.”

Here’s more on the 2020 NBA draft:

The revamped “combine” won’t allow teams to get as much first-hand information as in a typical draft combine, but after six months of doing little but rewatching tape and making phone calls, scouts and teams are pretty interested in the process and anxious for new information, tweets Jonathan Wasserman of Bleacher Report.
In a story for Bleacher Report, Wasserman looks at some of the latest draft rumors, attempting to weigh their legitimacy. Wasserman is buying talk of RJ Hampton‘s improved jumper, but doesn’t expect the Timberwolves to trade the No. 1 pick and is skeptical about some of the chatter coming out of Golden State.
Despite the fact that just about every NBA team would love to add a sharpshooter such as Duncan Robinson, the Michigan forward went undrafted in 2018. With that in mind, CJ Moore of The Athletic identifies four prospects who could be this year’s under-the-radar marksman like Robinson, including BYU’s Jake Toolson and Boise State’s Justinian Jessup.
The latest mock draft conducted by team beat writers at The Athletic featured LaMelo Ball going No. 1 to the Timberwolves, the Warriors trading the No. 2 pick to the Suns, and Anthony Edwards slipping to the Hornets at No. 3.

Devonte' Graham Open To Extension Talks

September 25th, 2020 at 9:33am CST by Luke Adams

Hornets guard Devonte’ Graham enjoyed a breakout 2019/20 campaign, boosting his scoring average from 4.7 PPG to 18.2 PPG to go along with 7.5 APG and a .373 3PT% on 9.3 attempts per game. However, the former second-round pick wasn’t a finalist for the league’s Most Improved Player award, finishing fifth in voting.

“Obviously, I was upset about it. I’m pretty much over it now,” Graham said on Thursday following the Hornets’ group workout, per Rick Bonnell of The Charlotte Observer. “I just know the people who really watch and are around basketball know.”

Having initially signed a three-year, $4.07MM contract with the Hornets after being drafted 34th overall in 2018, Graham will be entering a contract year in 2020/21 and said on Thursday that he’s open to discussing an extension with the team this offseason, according to Bonnell.

Because he’s a minimum-salary player, the Hornets guard would be eligible for a starting salary worth up to 120% of the league’s estimated average salary. If the cap stays at the same level in ’20/21 that it did in ’19/20, that would translate to a maximum extension of $51.4MM over four years.