Charlotte Hornets Rumors | Hoops Rumors

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.

Hornets, Gordon Hayward Agree To Four-Year Deal

November 21st, 2020 at 12:31pm CST by Luke Adams

The Hornets are signing Gordon Hayward, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the forward’s new deal will be worth $120MM over four years. It’s fully guaranteed, tweets David Aldridge of The Athletic.

Hayward turned down a $34.2MM player option with the Celtics earlier in the week, which was a signal that he and agent Mark Bartelstein were confident that one or more lucrative multiyear offers would be waiting for him on the open market.

The Hawks and Knicks were said to have interest in Hayward, but Atlanta quickly moved onto other targets – including Danilo Gallinari – and New York wasn’t comfortable with either the years or the money that Hayward ultimately received from Charlotte, per Steve Popper of Newsday (Twitter link).

Hayward was said to prefer joining his hometown Pacers, and Boston and Indiana attempted to work out a sign-and-trade deal within the last couple days. However, the Pacers’ cap situation complicated matters, as Bobby Marks of ESPN notes (via Twitter), and it was always going to be a challenge for the C’s and Pacers to agree on fair compensation.

Just a half-hour before word of Hayward’s agreement with the Hornets broke, Scott Agness of Fieldhouse Files said (via Twitter) that there had been no progress in those sign-and-trade talks.

So Hayward will be headed to the Hornets, who will have to either open up some extra cap room in order to clear the space necessary to complete the signing. They’ll reportedly do so by using the stretch provision on Nicolas Batum.

Although the Hornets were cited on Friday as a potential suitor for Hayward, the deal still comes as a major surprise, especially since president of basketball operations Mitch Kupchak had talked for the better part of the year about Charlotte not planning to make a splash in free agency. Apparently, the team decided to change course on that plan when Hayward became available.

Hayward, 30, still didn’t quite look like his old All-Star self in 2019/20. However, he was a lot closer to that level last season than he was during his first two years in Boston. In 52 games, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting.

Hayward’s deal with the Hornets represents a full-circle moment, as the first free agent contract he signed in the NBA, back in 2014, was an offer sheet with Charlotte. The Jazz, of course, matched that offer and the former Butler standout spent the next six years in Utah and Boston, but now he’s finally joining the Hornets.

Photo courtesy of USA Today Sports Images.

Knicks, Hawks, Hornets Still Have Cap Room Available

November 21st, 2020 at 7:31am CST by Luke Adams

The Knicks, Hawks, and Hornets are the only teams that still project to have cap room available after the first day of free agency, tweets Keith Smith of RealGM.

Smith estimates that New York has about $29MM or so left to spend, with Atlanta around $25MM and Charlotte at about $19MM. Cap exceptions, minimum deals, and sign-and-trades will be the only way for other teams to add free agents, barring cost-cutting moves to get under the cap, Smith notes.

We may find out as early as today what each of those three Eastern lottery teams intends to do with its cap room.

The Knicks are reportedly in the running for free agent forward Gordon Hayward, but could turn their attention elsewhere if Hayward agrees to re-sign with the Celtics or reaches a sign-and-trade deal with the Pacers. Fred VanVleet, who is reportedly meeting with interested teams today, might be one option.

The Hawks are believed to have their sights set on Bogdan Bogdanovic and Rajon Rondo, with a report yesterday indicating that the team was confident it will be able to land at least two players from a group of free agents that included those two and Danilo Gallinari (who is finalizing a three-year deal with Atlanta).

Kevin O’Connor of The Ringer says Atlanta is considered the frontrunner to land Bogdanovic, but notes that the Lakers remain in pursuit. Getting something back from L.A. in a sign-and-trade may appeal more to the Kings – who still hold Bogdanovic’s RFA rights – than losing him for nothing if the Hawks use their cap room to sign him to an offer sheet they won’t match.

As for the Hornets, I expect they’ll use a chunk of their cap room to fortify their frontcourt. A report on Friday night indicated they made Montrezl Harrell a bigger offer than the two-year, $19MM deal he ultimately accepted from the Lakers.

Besides VanVleet, Hayward, and Bogdanovic, Kentavious Caldwell-Pope, Serge Ibaka, Jae Crowder, and Hassan Whiteside are among the best free agents still available from our top-50 list. Anthony Davis and Brandon Ingram also technically haven’t agreed to deals with their respective teams, but are considered virtual locks to re-sign with the Lakers and Pelicans.

Lakers Sign Montrezl Harrell To Two-Year Deal

November 20th, 2020 at 8:41pm CST by Luke Adams

NOVEMBER 22: The Lakers have officially signed Harrell, per a press release from the team. He and Marc Gasol – who reached an agreement with L.A. on Sunday – will replace JaVale McGee and Dwight Howard up front.

NOVEMBER 20: The Lakers have agreed to a two-year deal with free agent center Montrezl Harrell, agent Rich Paul tell Adrian Wojnarowski of ESPN (Twitter link). Shams Charania of The Athletic (Twitter link) first reported that the two sides were nearing an agreement.

This is one of the more surprising pieces of news tonight, as Harrell has spent the last three seasons with Los Angeles’ other team, the Clippers. The big man is coming off the best year of his career, having averaged 18.6 PPG, 7.1 RPG, and 1.7 APG in 63 games (27.8 MPG). He was named the league Sixth Man of the Year in September.

Coming off such a productive season, Harrell was expected to be in line for a significant raise, but his pay bump will be a more modest one. He’s expected to sign for about $19MM over two years, according to Brian Windhorst of ESPN, who tweets that the second year will be a player option.

That price allows the Lakers to slide him into their mid-level exception. According to Brad Turner of The Los Angeles Times (Twitter link), Harrell will be turning down more money from the Hornets to join the Lakers. It’s fair to assume the big man’s Klutch Sports connection helped seal the deal for the Lakers — LeBron James and Anthony Davis are among his new teammates who are also repped by Klutch.

As Bobby Marks of ESPN outlines (via Twitter), with Harrell getting the full MLE and Wesley Matthews being signed using the Lakers’ bi-annual exception, the team is now hard-capped and has about $20MM in wiggle room below that threshold. With nine players under contract so far, there’s still a chance the team could bring back some of its own unsigned free agents, but it’ll be a tight fit squeezing in a market-value deal for Kentavious Caldwell-Pope and filling out the rest of the roster.

Photo courtesy of USA Today Sports Images.

Latest On Gordon Hayward

November 20th, 2020 at 4:57pm CST by Dana Gauruder

4:57pm: Hayward has told the Celtics he wants to go to the Pacers, Gary Washburn of the Boston Globe tweets. The Pacers offered Myles Turner and Doug McDermott to Boston in a sign-and-trade scenario but the Celtics want Turner and either Warren or Victor Oladipo.

4:45pm: The Hornets are expected to pursue Gordon Hayward in free agency but will likely need to work out a sign-and-trade agreement with the Celtics to make it happen, Michael Scotto of HoopsHype reports.

Hayward declined his whopping $34.2MM option in order to become an unrestricted free agent. In 52 games last season, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting but missed a good chunk of the playoffs with an ankle injury.

Charlotte has approximately $19.4MM in cap space, so it’s unlikely Hayward would sign a multi-year deal unless there’s a sign-and-trade scenario with Boston and perhaps a third team as a facilitator.

The Hornets could dangle the expiring contracts of Cody Zeller and Nicolas Batum as part of the package, Scotto notes.

Hayward has some history with the Hornets franchise. He signed an offer sheet with Charlotte in 2014 when he was a restricted free agent but the Jazz matched it.

The Pacers are also interested in Hayward via a sign-and-trade but are reluctant to part with T.J. Warren and Aaron Holiday, two players that Boston would have some interest in acquiring, according to Ian Begley of SNY TV. However, Hayward may try to force the Celtics’ hands. The former Butler University star is “fully focused” on returning to Indiana and playing for the Pacers, according to The Athletic’s Shams Charania (hat tip to RealGM).

The Knicks are also expected to be in the mix for Hayward after freeing nearly $40MM in cap space.

Some with the organization have interest in signing Hayward as a free agent. However, the Knicks are unlikely to offer Hayward a four-year deal, Begley adds.

Free Agency Rumors: Lakers, Hornets, Pelicans, Baynes, Bazemore

November 20th, 2020 at 4:29pm CST by Luke Adams

The Lakers anticipate being “first in line” to talk to two of their veteran free agents, Dwight Howard and Avery Bradley, when free agency opens, league sources tell Michael Scotto of HoopsHype.

Howard and Bradley are expected to draw interest from multiple other clubs, including perhaps the Warriors, but it sounds like L.A. has interest in bringing back both of them. The Lakers and veteran forward Jared Dudley also have mutual interest in a new deal, Scotto adds.

Here’s more from Scotto on free agency:

The Hornets are expected to be in the market for a free agent center, according to Scotto, who notes that the team will likely lose Bismack Biyombo and Willy Hernangomez in free agency.
Scotto echoes a rumor we heard earlier in the week, writing that the Pelicans are expected to show interest in free agent center Aron Baynes.
The Kings and Kent Bazemore are expected to have mutual interest in reaching a new deal, according to Scotto, who notes that the free agent swingman will likely speak with a number of teams once free agency begins.

Hornets To Sign Keandre Cook

November 20th, 2020 at 4:19pm CST by Dana Gauruder

The Hornets have reached an agreement with guard Keandre Cook, Bryan Kalbrosky of HoopsHype tweets. Cook, who played college ball at Missouri State, will receive an Exhibit 10 contract.

He’ll look to make an impression in training camp with the likelihood of spending next season in the G League. Cook played two seasons for the Bears and averaged 14.9 PPG and 4.6 RPG while draining 42.3% of his 3-point attempts. He scored 26 points against Valparaiso in the MVC Tournament in his last college outing.

The 6’5” Cook spent two seasons at a junior college prior to signing with Missouri State.

Eastern Notes: Pistons, Ariza, Raptors, Hornets, Magic

November 20th, 2020 at 3:34pm CST by Luke Adams

When the Pistons eventually officially acquire forward Trevor Ariza, who is being dealt from Portland to Houston to Detroit, the expectation is that he’ll have his full $12.8MM salary guaranteed, tweets Keith Smith of RealGM.

Ariza’s salary was initially only partially guaranteed for $1.8MM, but as cap expert Albert Nahmad explains (via Twitter), his salary guarantee deadline will come and go before the Pistons are able to officially acquire him. As a result, the Rockets will create a $12.8MM traded player exception in the transaction.

Here’s more from around the Eastern Conference:

Nashville was in the mix for the Raptors as a temporary home late into the decision process, but the team opted for Florida for a few reasons, including the lack of a state income tax, per Blake Murphy and Eric Koreen of The Athletic. There’s also a brand-new hotel next to Amalie Arena in Tampa with ballrooms that could be used as makeshift practice spaces, according to The Athletic’s duo.
Undrafted Kentucky forward Kahlil Whitney is considering signing an Exhibit 10 contract with the Hornets, according to Adam Zagoria of Forbes (Twitter link). Whitney declared for the draft this year after a single season of college ball.
Amid rumors that point guard D.J. Augustin is drawing interest from Phoenix and Milwaukee, Roy Parry of The Orlando Sentinel says (via Twitter) that a return to the Magic is very unlikely for Augustin, given the team’s cap constraints and Wednesday’s Cole Anthony pick.

Clippers Interested In Terry Rozier?

November 20th, 2020 at 11:22am CST by Arthur Hill

The Clippers want to add another guard to their roster and have talked to the Hornets about Terry Rozier, according to Chris Mannix of Sports Illustrated.

Rozier, 26, still has two years and nearly $37MM left on the contract he signed with Charlotte last summer. He averaged 18.0 points, 4.4 rebounds and 4.1 assists during his first season with the team.

The Clippers remain interested in free agent Rajon Rondo, Mannix adds, but there are concerns that he will get a larger offer from someone else. L.A. is down a guard after trading Landry Shamet this week in a three-team deal.