Charlotte Hornets Rumors | Hoops Rumors

Hornets To Sign Xavier Sneed

November 23rd, 2020 at 5:18pm CST by Dana Gauruder

The Hornets have reached a contract agreement with undrafted rookie forward Xavier Sneed, Chris Haynes of Yahoo Sports tweets.

Charlotte has reportedly filled its two-way slots, so Sneed’s deal is likely an Exhibit 10 deal. An Exhibit 10 contract provides players with an invitation to training camp and a guarantee of up to $50K if they are waived and later assigned to the team’s affiliate in the G League.

Sneed was a four-year player and three-year starter at Kansas State. As a senior, he averaged 14.2 PPG, 4.8 RPG, 1.7 APG and 1.8 SPG in 32.6 MPG. Sneed was an early entrant for the 2019 draft but withdrew his name in time to return for his senior campaign at KSU.

Southeast Notes: Hayward, Bryant, Wall, Heat

November 23rd, 2020 at 3:32pm CST by Alex Kirschenbaum

The Hornets made one of the biggest and most controversial splashes in free agency, signing injury-prone forward Gordon Hayward to a four-year, $120MM contract. Due to injuries and the development of his Boston teammates, Hayward was never able to return to his All-Star form while with the Celtics.

Although the Hornets’ $120MM commitment to Hayward is widely viewed as an overpay, it didn’t come out of left field. In today’s edition of The Lowe Post podcast, Zach Lowe of ESPN suggests that the Hornets’ offer to Hayward was not significantly higher than that of some competing clubs hoping for his services in free agency.

“You want to clown the contract?” Lowe said (per RealGM). “That’s fine. Just know it’s not like the Pacers and the Celtics were offering $80MM. They weren’t offering $120MM. But my best intel is something like $105MM, $108MM, $102MM, $110MM.”

Rick Bonnell of the Charlotte Observer examines Hayward’s fit with the Hornets, conceding that the deal is probably an overpay. However, he also contends that Hayward can supply veteran leadership to the Hornets’ young core while being by far their best player, if healthy. Hayward will be leaned on to supply multifaceted scoring and is an expert play-maker. He also will be able to convincingly slot into the lineup at small forward, power forward, and even shooting guard.

There’s more out of the Southeast Division:

Wizards general manager Tommy Sheppard said today that the team informed every center it spoke to in free agency that Thomas Bryant would remain the Wizards’ starter, according to Quinton Mayo of NBC Sports Washington (Twitter link). “Certainly probably rubbed some guys the wrong way who thought they could come in here and start,” Sheppard said. The club ultimately signed Robin Lopez to back up Bryant.
Beyond the churning NBA rumor mill, Wizards point guard John Wall has remained active during the offseason. Wall will purchase an ownership stake in the Australian NBL club the South East Melbourne Phoenix, Marc Stein of the New York Times tweets. Los Angeles entrepreneur Romie Chaudhari heads the ownership group for the Phoenix, which also includes and Cavaliers reserve guard Dante Exum, plus retired big men Zach Randolph and Al Harrington and retired swingman Josh Childress.
Point guard Goran Dragic and backup center Meyers Leonard are excited to return to the Heat, according to Joe Beguiristain of Heat.com. Miami prioritized re-signing both players to lucrative two-year contracts with team options for the second year. “When free agency hit, we pretty much made our quick deal,” Dragic commented. “First of all, it felt like there was unfinished business for our team and for me because, obviously, going through the ankle injury was not easy, and I feel like I could have helped in many different ways,” Leonard said.

Eastern Notes: Giannis, Hayward, Raptors, Bulls, Wizards

November 23rd, 2020 at 8:17am CST by Luke Adams

It has been a frenzied week of NBA roster moves since the league lifted its months-long moratorium last Monday, but there have been no updates on perhaps the biggest storyline of the offseason, writes Brian Windhorst of ESPN. As Windhorst points out, the league is still waiting to see whether or not reigning MVP Giannis Antetokounmpo will agree to a five-year, super-max extension with the Bucks.

League sources tell Windhorst that the Bucks – in recent weeks – have moved from “cautiously optimistic to cautiously confident” that Antetokounmpo will make a long-term commitment to the club when he returns from Greece. However, moves made by other teams across the league this week suggest that not everyone on the outside views it as a lock.

Clubs that have long been cited as likely free agent suitors for Giannis if he reaches the open market in 2021 went to great lengths this week to preserve their cap room for next summer. The Heat, Mavericks, and Raptors were among the teams that made an effort to keep money off their books for next season — in some cases, it may have even cost them key free agents.

Here’s more from around the East:

While a panel of analysts at The Athletic agree that the Hornets‘ four-year, $120MM deal for Gordon Hayward is an overpay, sources tell Sam Amick of The Athletic that the forward did have another four-year offer in the $100MM range. It’s not clear whether it was the Pacers or another team that made that offer.
In negotiations with Serge Ibaka and Marc Gasol, it was clear the Raptors prioritized their future cap flexibility over keeping the free agent centers in Toronto for 2020/21, according to Josh Lewenberg of TSN.ca, who says the team knew it might have to take a step backward in the short term in order to achieve their ambitions in the long term.
While losing two more key pieces from their 2019 championship roster will be a tough pill to swallow for the Raptors, Michael Grange of Sportsnet.ca warns not to assume the club will take a big step backward in 2020/21.
The Bulls entered the offseason needing to fortify their wing rotation, which is why they agreed to sign Garrett Temple and bring back Denzel Valentine, according to Darnell Mayberry of The Athletic. Temple is a good teammate and a versatile veteran who can play multiple positions, while the Bulls like Valentine’s ability to shoot, pass, and rebound, Mayberry writes.
Jerry Brewer of The Washington Post makes a case that the Wizards need to reboot their roster by trading both John Wall and Bradley Beal.

Hornets Re-Sign Bismack Biyombo

November 23rd, 2020 at 7:10am CST by JD Shaw

NOVEMBER 30: The signing is official, according to a team press release.

NOVEMBER 22: The Hornets have reached an agreement with center Bismack Biyombo, bringing him back for a third straight season, Yahoo Sports’ Chris Haynes tweets. Biyombo’s deal will be for one year, according to Rick Bonnell of The Charlotte Observer

Biyombo holds nine years of NBA experience, making past stops with Charlotte, Toronto and Orlando. He spent the first three seasons of his career with the Hornets before signing with the Raptors, where he averaged 6.2 points and 9.2 rebounds per game during the 2016 NBA playoffs.

This past season, the 28-year-old held per-game averages of 7.4 points, 5.8 rebounds and 19.4 minutes in Charlotte. At 6-foot-9 and 255 pounds, Biyombo was the No. 7 pick of the 2011 NBA Draft.

Charlotte has made several notable moves in free agency, including drafting LaMelo Ball at No. 3 and reaching a four-year, $120MM deal with Gordon Hayward. The team finished with the tenth-best record in the East at 23-42 last season.

Free Agency Rumors: Ibaka, Iwundu, Hernangomez, Bazemore

November 22nd, 2020 at 8:08pm CST by Alex Kirschenbaum

Big man Serge Ibaka was not bereft of contending suitors in free agency, according to Michael Scotto of HoopsHype. Scotto notes that the Raptors, the team with whom Ibaka spent most of the last four seasons, apparently offered a one-year, $12MM deal to Ibaka for an encore appearance in 2020/21. Toronto was believed to be unwilling to offer multiple years, which would have cut into the team’s projected 2021 cap space.

The Nets also wanted Ibaka, but could only afford a taxpayer mid-level exception, which would have started at $5.7MM this season. Ibaka ultimately inked a two-year, $19MM contract with the Clippers.

Here are more free agency rumors:

Though swingman Wesley Iwundu ultimately opted to sign a two-year, veteran’s minimum contract with the Mavericks, the Hawks, Pelicans and Kings were also in the running for Iwundu’s services this offseason, Scotto reports in the same piece.
The Mavericks and Kings also considered adding reserve center Willy Hernangomez before he agreed to terms with the Pelicans on a one-year, veteran’s minimum deal, per Scotto. Hernangomez’s 2019/20 club, the Hornets, also apparently wanted to re-sign the 26-year-old big man.
Scotto reports that former Kings wing Kent Bazemore also found himself in high demand this offseason before agreeing to a one-year veteran’s minimum deal with the Warriors. The Lakers, Clippers, Bucks, Celtics, Suns, Knicks, Nets, and Hornets were all interested in adding the three-and-D vet this offseason.

Eastern Notes: Sixers, Celtics, Pistons, Magic

November 22nd, 2020 at 1:03am CST by Luke Adams

Joking that having son-in-law Seth Curry on the Sixers will let him see his granddaughter more often, head coach Doc Rivers said this week that it was an easy decision to acquire a sharpshooter like Curry when the team had an opportunity to make a deal with Dallas.

“One of the things we wanted to do – Elton (Brand), Daryl (Morey), and I – when we got here was create as much shooting as possible around Ben (Simmons) and Joel (Embiid),” Rivers said, per Brian Seltzer of Sixers.com. “This was a no-brainer.”

Curry wasn’t the only prolific outside shooter the 76ers acquired this week. The team also agreed to trade for Danny Green and used one of its draft picks on Arkansas’ Isaiah Joe, who averaged 3.5 made threes per game over the course of his college career.

Here’s more from around the Eastern Conference:

The Celtics and Hornets were among the teams that exhibited interest in free agent guard Avery Bradley before he signed with Miami, league sources told Michael Scotto of HoopsHype.
After reaching agreements with Jeff Teague and Tristan Thompson, the Celtics project to have 16 players competing for 15 roster spots, according to Chris Forsberg of NBC Sports Boston, who notes (via Twitter) that one of those players – Javonte Green – is on a non-guaranteed deal. Two other Celtics had their 2020/21 salaries guaranteed today.
Rod Beard of The Detroit News takes a closer look at how Pistons general manager Troy Weaver has reshaped the team’s roster so far, explaining why the team opted to pay big money to Jerami Grant over Christian Wood and acknowledging that the Mason Plumlee signing was a bit of a “head-scratcher.”
The Magic appear to be running it back for the 2020/21 season with very few roster changes, according to Josh Robbins of The Athletic, who says it’s somewhat surprising that no trade involving Aaron Gordon or Evan Fournier has materialized. While team officials believe the current group can have a winning record, the front office will face criticism if the club once again finishes in the middle of the pack, failing to make any noise in the playoffs and failing to earn a high lottery pick, says Robbins.

Hornets To Sign Javin DeLaurier To Camp Deal

November 21st, 2020 at 11:23pm CST by Luke Adams

The Hornets will bring undrafted Duke power forward Javin DeLaurier to training camp on a non-guaranteed deal, according to Vincent Goodwill of Yahoo Sports (Twitter link). Agent Gary Durrant tells Goodwill that DeLaurier will sign an Exhibit 10 contract with Charlotte.

DeLaurier, who spent four years at Duke, was one of the Blue Devil’s captains, but didn’t play significant minutes for the team. In 2019/20, he averaged 3.5 PPG and 3.5 RPG in 31 games (13.2 MPG).

The Hornets have been active on the UDFA market so far, having reportedly reached agreements to sign Kahlil Whitney (Exhibit 10), Keandre Cook (Exhibit 10) and Nate Darling (two-way) as well.

Kahlil Whitney Receives Camp Deal With Hornets

November 21st, 2020 at 3:18pm CST by Dana Gauruder

The Hornets have agreed to an Exhibit 10 contract with swingman Kahlil Whitney, according to Adam Zagoria of NJ Advance Media.

He joins three other former Kentucky players on Charlotte’s roster — Malik Monk, P.J. Washington and second-round pick Nick Richards — Zagoria notes. Whitney had a disappointing one-and-done season with the Wildcats, averaging just 3.3 PPG and 1.7 RPG in 12.8 MPG during an 18-game stint. He withdrew from the school due to his lack of playing time.

An Exhibit 10 contract provides players with an invitation to training camp and a guarantee of up to $50K if they are waived and later assigned to the team’s affiliate in the G League.

Eastern Rumors: Millsap, Celtics, Hayward, Crowder

November 21st, 2020 at 2:37pm CST by Luke Adams

The Celtics are showing “strong interest” in signing veteran big man Paul Millsap, league sources tell Jared Weiss of The Athletic (Twitter link). Adam Himmelsbach of The Boston Globe (Twitter link) hears from his own source that Boston is currently at the top of Millsap’s list as he weighs his options. A decision is expected later today, Himmelsbach adds.

While the Celtics aren’t expected to create any cap room as a result of Gordon Hayward‘s departure, the team now has some added cap flexibility to make sign-and-trade and/or use its full mid-level exception, opening up a few options in free agency.

Here are a few more notes from around the East:

Speaking of Hayward, Hornets owner Michael Jordan called the veteran forward late last night in an effort to close the deal for Charlotte, according to ESPN’s Zach Lowe (Twitter link). Jordan’s pitch must have been effective, though the $120MM the Hornets will apparently pay Hayward over the next four years probably didn’t hurt either.
The Heat offered Jae Crowder a two-year deal that would have paid him $14MM in 2020/21, according to Barry Jackson of The Miami Herald (Twitter link). However, Miami wasn’t willing to guarantee any money beyond the first year, so Crowder opted for the Suns’ three-year, $30MM offer, which will pay him less in year one but is worth significantly more overall.
In a column for The Athletic, David Aldridge contends that Wizards owner Ted Leonsis must decide if the franchise wants to build around John Wall and Bradley Beal and then trade the odd man out. While Aldridge’s argument makes some sense, it seems obvious that Beal would be the team’s choice and that trading Wall won’t exactly be easy.

Hornets To Waive-And-Stretch Nicolas Batum

November 21st, 2020 at 1:25pm CST by Luke Adams

The Hornets will waive and stretch the final year of Nicolas Batum‘s contract in order to create the cap room necessary to sign Gordon Hayward, reports Rick Bonnell of The Charlotte Observer.

Batum, who will turn 32 next month, is entering the final season of the five-year, $120MM contract he signed back in 2016. His cap hit for 2020/21 is approximately $27.13MM, but the Hornets can stretch that amount across three seasons at $9.04MM annually, opening up more than $18MM in cap room for 2020/21.

That newly-opened amount will be more than enough to complete the Hayward signing, as Charlotte entered the day with about $19MM in space. The team should have some room left over for an additional move or two, though it will now have to deal with $9MM+ in dead money on the cap for 2021/22 and ’22/23 as well.

Batum was excised from the Hornets’ rotation this past season, appearing in just 22 games (23.0 MPG) and playing poorly in his limited time, with 3.6 PPG, 4.5 RPG, and 3.0 APG on .346/.286/.900 shooting.

Although he’s coming off a down year and has long been viewed as an unfavorable asset as a result of his oversized contract, Batum might be an interesting minimum-salary target in free agency once he clears waivers.