Hornets Rumors

Hornets Sign P.J. Washington To Three-Year Contract

AUGUST 29: The Hornets have officially re-signed Washington, per NBA.com’s transaction log.


AUGUST 26: Restricted free agent forward P.J. Washington has agreed on a new three-year, $48MM deal to stay with the Hornets, LIFT Sports Management agent Kevin Bradbury and Washington Sports Group’s Paul Washington Sr. tell ESPN’s Adrian Wojnarowski (Twitter link).

Washington was the only standard unsigned restricted free agent this summer and one of the most prominent available names in all of free agency, ranking 11th on our top-50 list.

There was some concern earlier in the offseason that Washington and the Hornets wouldn’t be able to come to terms on an agreement. Forward Miles Bridges and Charlotte didn’t agree on a long-term deal and he ended up signing his qualifying offer, putting himself on track for unrestricted free agency next year. Washington was believed to have been considering a similar route.

Other teams, such as the Cavaliers, were also monitoring the Washington situation. Now, the Hornets will bring back the 25-year-old on a three-year deal that pays $16MM annually.

Washington is an integral part of the Hornets’ promising young core that includes LaMelo Ball, 2023 No. 2 overall pick Brandon Miller, Mark Williams and more. The Kentucky product averaged a career-high 15.7 points per game last season. The Hornets drafted Washington with the No. 12 overall pick in 2019 and he started 73 games for Charlotte last year.

The Washington signing will give the Hornets a packed roster. He’ll be the 13th Charlotte player on a guaranteed deal, with JT Thor, Kobi Simmons and Frank Ntilikina all signed to non-guaranteed or partially guaranteed contracts.

James Nnaji, the No. 31 overall pick in 2023, hasn’t officially signed (though he may be stashed). The Hornets also have two players on two-way deals (Leaky Black and Amari Bailey), and Angelo Allegri, Tre Scott, Nathan Mensah and R.J. Hunter are all reportedly joining the Hornets on training camp deals. So while Charlotte has some flexibility, there are more moves to come from the Queen City.

Washington Talks Heated Up Over Past Week

  • Hornets restricted free agent P.J. Washington was in limbo most of the summer until agreeing to a three-year, $48MM contract over the weekend. Talks were stagnant for more than a month, according to Roderick Boone of the Charlotte Observer, until heating up over the past week after the 2023/24 schedule was released. Washington could have signed a qualifying offer and headed to unrestricted free agency next summer but instead decided to play it safe and get the security of a three-year deal.

NBA Teams With Fewest Players On Guaranteed Contracts

As of Wednesday, 11 of the NBA’s 30 teams are carrying at least 15 players on guaranteed contracts and are unlikely to have many additional offseason acquisitions in store. Another 11 teams are carrying either 13 or 14 players on guaranteed deals.

As our roster counts page shows, that leaves eight clubs carrying 12 or fewer players on fully guaranteed deals. That doesn’t necessarily mean that all eight of those teams will sign free agents to guaranteed contracts before the regular season begins, but it’s worth checking in on them to take a closer look at their roster situations.

[RELATED: 2023/24 Non-Guaranteed Contracts By Team]

Boston Celtics

The only team with just 11 players on fully guaranteed contracts, the Celtics are also carrying Dalano Banton and Luke Kornet on partially guaranteed or non-guaranteed deals. Banton and Kornet seem like good bets to make the 15-man regular season roster, but Boston would still have to add a 14th man for opening night.

Based on recent reports, it sounds like the Celtics are eyeing forwards and wings for that 14th spot, with T.J. Warren, Lamar Stevens, and Louis King among the free agents working out for the club.

Charlotte Hornets

Although they only have 12 players on fully guaranteed contracts, the Hornets have no shortage of candidates for their final two or three roster spots. P.J. Washington is a restricted free agent and still seems more likely to return than to head elsewhere — he would take the 13th slot.

Charlotte also has Frank Ntilikina, Kobi Simmons, and JT Thor on partially guaranteed or non-guaranteed salaries, with Theo Maledon still a two-way restricted free agent. So even if No. 31 overall pick James Nnaji becomes a draft-and-stash player and doesn’t sign an NBA contract immediately, the Hornets have plenty of options to fill out their roster without making outside additions.

Cleveland Cavaliers

The Cavaliers have 12 guaranteed contracts on their books, with Sam Merrill on a non-guaranteed minimum deal as their 13th man. Cleveland is a safe bet to make at least one more free agent addition — the club is said to be on the lookout for solid veteran depth, without a specific position in mind. The Cavs will likely wait out the market and see which of the top remaining free agents are willing to accept minimum-salary offers.

Houston Rockets

Although the Rockets only have 12 players on fully guaranteed contracts, Aaron Holiday – whose partial guarantee exceeds $1MM – will likely make the roster as a 13th man. Houston still has a good deal of room to maneuver below the luxury tax line and could easily add two more players without any financial concerns.

Perhaps one of the team’s four Exhibit 10 players or three two-way players will earn a promotion with a strong preseason, but it’s still worth keeping an eye on the Rockets to see if they have one more move up their sleeves in free agency or on the trade market.

Miami Heat

The Heat have a full 21-man offseason roster, but only 12 of those players have guaranteed standard contracts.

Orlando Robinson, who has a small partial guarantee, should make the 15-man roster, and two-way player Jamal Cain is a candidate to be converted to a standard deal, but Miami has more ambitious targets in mind. If the Heat make a trade for Damian Lillard, they’ll likely send out more players than they take back and could fill out their roster with veteran free agents.

New York Knicks

Even with Jericho Sims‘ salary for 2023/24 now fully guaranteed, the Knicks have just 12 players on guaranteed contracts. Isaiah Roby, DaQuan Jeffries, and Duane Washington are in the mix for 15-man roster spots on their non-guaranteed deals.

New York also has a pair of two-way players – Nathan Knight and Dylan Windler – with multiple years of NBA experience, so they may be candidates for promotions. The Knicks are likely keeping their options open for possible Evan Fournier trades too, recognizing that they could potentially use his pseudo-expiring $18.9MM contract to take back two or three players in a trade.

Portland Trail Blazers

Like the Heat, the Trail Blazers are in a bit of a holding pattern while they wait to see how the Lillard situation plays out. For now, they have 12 players on guaranteed contracts, with Moses Brown on a partially guaranteed deal. But if they end up acquiring, say, three players in exchange for Lillard, their projected 15-man roster will fill up in a hurry.

Utah Jazz

Of all the teams listed in this article, the Jazz may have the fewest roster decisions to make before the season. In addition to their 12 players on guaranteed salaries, they’re carrying Kris Dunn, Omer Yurtseven, and Luka Samanic on partially guaranteed or non-guaranteed contracts. Utah may simply hang onto those three players and set its 15-man regular season roster without any further tweaks.

Hoops Rumors Community Shootaround: Hornets’ Offseason

The Hornets had a 27-55 record last season, 16 fewer victories than the previous season, but they’ve been relatively quiet this summer.

Perhaps the biggest news to come out of Charlotte this offseason was Michael Jordan’s decision to sell his majority stake in the team. The roster looks much like it did at the end of last year.

The most significant developments were signing LaMelo Ball to a five-year max extension and getting the No. 2 pick in the draft. The Hornets used the No. 2 selection on Brandon Miller, who will likely jump right into the starting lineup at one of the forward spots.

Miles Bridges, who missed all of last season due to legal issues, accepted his qualifying offer as he tries to rebuild his value en route to becoming an unrestricted free agent next summer. Bridges and Miller could form the starting forward duo, though Gordon Hayward and P.J. Washington may have something to say about that. Shoulder, hamstring and ankle injuries limited Hayward to 50 games last season but he started every game he was in uniform.

Washington remains a restricted free agent, though it appears the most likely outcome is that he also accepts his qualifying offer or works out a new deal with the Hornets.

Terry Rozier and Cody Martin — limited to seven games last season due to knee issues — are 1-2 on the depth chart at shooting guard, though Bridges could see some time there. Everything revolves around Ball and the Hornets will be much more dangerous if he can stay on the court. The star point guard was limited to 36 games last season. Nick Smith Jr, the team’s other first-round pick, could emerge as his backup.

That leads us to today’s topic: What do you think of the Hornets’ offseason? With the return of Bridges and the addition of No. 2 overall pick Miller, are they a playoff team this upcoming season? Or are they destined for another trip to the lottery?

Please take to the comments section to weigh in on this topic. We look forward to your input.

Hornets, Tre Scott Agree To Exhibit 10 Contract

The Hornets are signing free agent forward Tre Scott to an Exhibit 10 contract, according to Michael Scotto of HoopsHype (Twitter link).

Scott, who went undrafted out of Cincinnati in 2020, signed with French club Fos Provence Basket last summer. However, after he struggled to find success overseas, averaging modest totals of 7.0 PPG and 3.8 RPG on a poor .381/.169/.784 shooting line in 21 LNB Pro A games (20.1 MPG), the 26-year-old returned stateside and finished out 2022/23 with the Greensboro Swarm, Charlotte’s NBA G League affiliate.

The 6’8″ forward played much better with the Swarm, averaging 17.4 PPG, 6.9 RPG and 2.8 APG on .538/.340/1.000 shooting in 10 regular season games (34.5 MPG). Scott spent most of his first two professional seasons in the NBAGL, playing for the Salt Lake City Stars, the Agua Caliente Clippers of Ontario, and the Cleveland Charge.

Scott also made a brief NBA appearance with the Cavaliers during the COVID-19 outbreak in December 2021. He signed a 10-day hardship contract and got in two games, scoring six points and grabbing a couple rebounds in 11 total minutes of action.

The most likely outcome is that Scott will be waived by the Hornets before the 2023/24 season begins. In that scenario, he could receive a bonus worth up to $75K if he spends at least 60 days with the Swarm.

The Hornets have a lot of roster uncertainty at the moment. While they only have 12 players on guaranteed standard contracts and a pair on two-way deals, they also have three players on non-guaranteed deals (JT Thor, Kobi Simmons, and Frank Ntilikina), an unsigned draft pick (James Nnaji) and a pair of restricted free agents (P.J. Washington, Theo Maledon) who have yet to sign new contracts.

And-Ones: Washington, Available FAs, Player Tiers, CBA

Exploring possible destinations for some of the top remaining free agents, Eric Pincus of Bleacher Report suggests that many people around the league think that P.J. Washington – the only standard restricted free agent still on the board – will eventually accept his qualifying offer from the Hornets. Pincus also confirms that the Lakers have conveyed interest in big man Christian Wood.

In considering a potential landing spot for Kelly Oubre, who averaged more than 20 points per game last season, Pincus notes that Memphis makes some sense. While it’s not clear if the Grizzlies have actually expressed interest in Oubre, Pincus points out that they haven’t really replaced Dillon Brooks at forward and have some young players – such as Ziaire Williams or Josh Christopher – who might appeal to the Hornets in a sign-and-trade scenario.

Here are a few more odds and ends from the league:

  • Seth Partnow of The Athletic has published the first two installments of his player tier rankings for the 2023/24 season. Breaking down the top 125 players of the league into five tiers, Partnow lists 45 players in tier five – including Warriors sharpshooter Klay Thompson and Raptors forward Scottie Barnes – and 41 more in tier four, such as Kings center Domantas Sabonis, Pelicans forward Brandon Ingram, and Timberwolves big man Karl-Anthony Towns. Partnow’s top three tiers will consist of 39 players and will presumably be posted later this week.
  • Now that hoarding cap room into the regular season is no longer a viable strategy, Rob Mahoney of The Ringer wonders how the new Collective Bargaining Agreement will change the way that rebuilding teams approach future offseasons.
  • With no sign that the Damian Lillard or James Harden situations will be resolved anytime soon, John Hollinger of The Athletic questions whether the NBA’s player empowerment era has reached its ceiling. During the last several years, stars who ask for trades have sought increasingly specific destinations despite having less and less leverage, Hollinger observes, adding that the outcomes for Lillard and Harden could create new benchmarks for future star trade requests.

Bailey Benefited From Summer League

Second-round pick Amari Bailey averaged 9.3 points in 16.1 minutes per game in Summer League and the Hornets rookie found the experience very beneficial, he told Sarah Efress of The Charlotte Observer.

“It was just an amazing experience, being able to spend time with some of the guys on the team and the coaches as well. I feel like we have a great family dynamic around the whole organization,” Bailey said. “Given us being somewhat of a younger team, I feel like I can come in and just work right with everyone else. I feel like we’re very hungry, so there’s a lot to look forward to here.” Bailey signed a two-way contract with the Hornets last month.

Only One Standard Restricted Free Agent Remains Unsigned

Entering 2023 free agency, there were 12 restricted free agents on standard contracts. Of that group, 11 have signed new deals, which means Hornets forward P.J. Washington is the lone standard RFA left on the market.

As our free agent tracker shows, Miles Bridges, Ayo Dosunmu, Rui Hachimura, Cameron Johnson, Tre Jones, Herbert Jones, Austin Reaves, Paul Reed, Matisse Thybulle and Coby White have all returned to the teams that held their rights of first refusal. Only Grant Williams found a new club, joining the Mavericks via a three-team sign-and-trade with Boston and San Antonio.

That doesn’t mean other players in that group weren’t interested in finding new homes in free agency. Thybulle and Reed signed offer sheets with the Mavs and Jazz, respectively, that the Trail Blazers and Sixers decided to match.

Bridges’ representatives reportedly weren’t thrilled with his lack of negotiating leverage in talks with the Hornets, as he was the only standard RFA to sign his $7.9MM qualifying offer, which means he’ll become an unrestricted free agent in 2024. Bridges was ineligible for a sign-and-trade after missing all of last season following domestic violence charges.

Washington is reportedly at an impasse in contract negotiations with Charlotte, and only the Cavaliers have been linked as a potential sign-and-trade suitor for the former 12th overall pick. Still, Cleveland is limited in its ability to make a lucrative offer for Washington due to its proximity to the luxury tax, and the Cavs also don’t have many desirable draft assets, so the Hornets might balk at that idea.

Washington, who turns 25 next week, is reportedly seeking a contract in the range of $18-20MM annually. A month ago, Jake Fischer of Yahoo Sports reported that Charlotte had yet to offer Washington a contract that matched or exceeded the rookie scale extension Isaiah Stewart signed with Detroit — $15MM in guaranteed money per year (up to $16MM annually with incentives).

Perhaps Washington will eventually take the same route as Bridges by signing his $8.5MM qualifying offer to hit unrestricted free agency next summer. That scenario would be less than ideal for Charlotte, as the team could potentially lose both of its former lottery picks for nothing in 2024.

In addition to Washington, there are also four two-way restricted free agents who remain unsigned: Trent Forrest (Hawks), Theo Maledon (Hornets), Matt Ryan (Timberwolves) and Terry Taylor (Bulls). Jamal Cain accepted his two-way qualifying offer from the Heat on Friday, taking him off the market.

Central Notes: Rubio, Washington, Cunningham, Thompson

Ricky Rubio‘s decision to take time away from basketball and focus on his mental health leaves the Cavaliers with an uncertain situation at backup point guard, Chris Fedor of Cleveland.com writes in a mailbag column. Rubio didn’t offer any indication of how long he might be inactive, so there’s no way of knowing if he’ll be available when training camp opens in seven weeks or when the season starts in late October.

There’s no urgency for Cleveland to make a roster move, Fedor adds. The Cavs signed free agent Ty Jerome in the belief that he can handle a larger role than he had with Golden State, and Donovan Mitchell, Caris LeVert and two-way player Craig Porter Jr. are all capable of running the offense for short stretches. Fedor points out that there aren’t any strong options remaining in free agency, but Kendrick Nunn, Michael Carter-Williams, George Hill, Ish Smith, and D.J. Augustin are among the players still available.

General manager Mike Gansey scheduled a trip to Malaga, Spain, this summer to visit with Rubio and watch the Spanish World Cup team in action, according to Fedor. However, Rubio left training camp before Gansey arrived, so he devoted the trip to scouting instead.

There’s more from the Central Division:

  • The Cavaliers have expressed interest in P.J. Washington and may be “lurking” as his standoff with the Hornets continues, Fedor adds. He notes that Cleveland was able to take advantage of a similar situation in a sign-and-trade with Lauri Markkanen two years ago by offering a contract beyond what the Bulls were willing to pay. Fedor states that Rubio and Dean Wade would be enough to match salary if Washington would accept about $15MM per year, but he’s not sure if that and a few second-round picks would satisfy Charlotte.
  • Cade Cunningham is the only untouchable player on the Pistons‘ roster, James L. Edwards III of The Athletic writes in his annual evaluation of the team’s most valuable assets. Even though he missed most of last season after shin surgery, Cunningham is still viewed around the league as a potential superstar, according to Edwards. Jaden Ivey, Jalen Duren and rookie Ausar Thompson follow Cunningham on Edwards’ list.
  • Overtime Elite general manager Gerald Wilkins believes Thompson has a bright NBA future, per Omari Sankofa II of The Detroit Free Press. Wilkins offered a glowing recommendation to Jarrett Jack, a new member of the Pistons‘ coaching staff under Monty Williams. “He would ask me things like what are his strengths, what are his weaknesses, how can I get him the ball,” Wilkins said. “I would just tell him, ‘Just put him on the floor. Just put him in the game. They are basketball players, Ausar and Amen. They’re basketball players. You put him on the floor and a lot of good things are going to happen.’”

World Cup Notes: Doncic, Brunson, Ntilikina, Kerr

Luka Doncic isn’t playing for the Slovenian national team when they take on the United States in tonight’s showcase game, the club announced (Twitter link). Doncic isn’t playing for precautionary reasons after suffering a blow to his left knee in the second quarter of a game against Spain on Friday.

Doncic’s injury likely isn’t serious, given that he completed the second half of the game in which he suffered the injury, finishing with 17 points in about 25 minutes. Still, it’s a disappointing result for Doncic, his team and even USA Basketball. Jalen Brunson, who is on the USA’s World Cup roster and played with Doncic from 2018 to 2022 on the Mavericks, was looking forward to squaring off against his former teammate.

That’s my brother,” Brunson said of Doncic, per The Athletic’s Joe Vardon. “We got drafted together. I’ve been watching him grow since meeting him for the first time, seeing the player he is now. He’s gotten better and better each year to the point where he’s a top-five player, an MVP candidate, year in and year out, so whenever I get a chance to share the court with him, either with him or against him, it’s always been special. I’ve got nothing but love for him.

The exhibition game between Slovenia and the United States tips off today at 3:30 p.m. EST. Former NBA players Zoran Dragic and Mike Tobey are among the Slovenian players who will take the floor against the United States.

There are other notes from the World Cup:

  • New Hornets guard Frank Ntilikina will miss the 2023 FIBA World Cup after suffering an injury in a friendly between France and Lithuania, Eurohoops reports. Ntilikina injured his hamstring and no timetable was given for his return to play. Ntilikina signed a one-year contract with the Hornets earlier this month.
  • Thirty-seven years ago, Steve Kerr was a player for the 1986 USA Basketball World Championship Team, the precursor to the modern World Cup. Kerr’s team played in Malaga, Spain, where the USA is scheduled to play over the coming days. In another piece from Vardon, Kerr reminisces over the time he spent as a player in Malaga and said he wants the Team USA players he’s now coaching to take this experience all in. “Part of this experience has to be the cultural part of it,” Kerr said. “We’re getting to travel the world and see places we may never see again. So, you know, we are going to encourage our guys to get out. A lot of them have family in. Most of them went out to dinner with their families and friends last night. Yeah. We encourage that. It’s a great time to see the city of Malaga, but also prepare for a couple of important games.
  • In case you missed it, Giannis Antetokounmpo won’t be playing in this year’s World Cup because he’s still recovering from a minor knee surgery.