Hornets Rumors

Nick Smith Signs Rookie Contract With Hornets

Nick Smith Jr. has signed his rookie contract with the Hornets, according to the NBA transactions log.

The 6’5” guard out of Arkansas, who missed nearly two months of his lone college season due to a knee injury, will receive $2,463,960 if he signed for the usual 120% of the rookie scale amount at his slot.

The 27th overall pick will make $12,651,907 over his first four NBA seasons if the team options are eventually exercised for the final two years.

Smith was the second of Charlotte’s two first-round picks. The Hornets drafted potential franchise player Brandon Miller with the No. 2 pick.

Smith could jump right into the Hornets’ rotation as LaMelo Ball‘s backup.

Checking In On NBA’s Top Remaining Free Agents

Technically, most of this year’s top free agents remain unsigned. Until the moratorium in place at the start of the 2023/24 league year lifts at 11:01 am Central time on July 6, most of them are ineligible to sign their new contracts.

However, within the last 40-ish hours, 36 of the players from our list of 2023’s top 50 free agents have taken themselves off the market by reaching contract agreements with teams around the league.

[RELATED: 2023 NBA Free Agent Tracker]

While those are just tentative agreements and could still fall apart, that usually doesn’t happen more than once or twice in a given offseason, so it’s safe to pencil those deals in for the time being and assume those free agents are off the board.

So who does that leave? As of early Sunday morning, here are the top free agents from our top-50 list who have yet to agree to new deals:

  1. Miles Bridges, F, Hornets (RFA)
  2. P.J. Washington, F, Hornets (RFA)
  3. Grant Williams, F, Celtics (RFA)
  4. Christian Wood, F/C
  5. Kelly Oubre, F
  6. Eric Gordon, G
  7. Malik Beasley, G/F
  8. Matisse Thybulle, F, Trail Blazers (RFA)
  9. Lonnie Walker, G/F
  10. Mason Plumlee, C
  11. Ayo Dosunmu, G, Bulls (RFA)
  12. Torrey Craig, F
  13. Hamidou Diallo, G
  14. Paul Reed, F/C, Sixers (RFA)

The Hornets are very much in the mix for all three of the remaining free agents in our top 20. As long as their qualifying offers to Washington and Bridges remain on the table, they control those players’ free agencies, with the ability to match any offer sheet they sign.

A report on Saturday indicated Charlotte is also mulling the possibility of an offer sheet for Williams. If the Hornets went ahead with a pursuit of the Celtics forward, it would presumably mean moving on from at least one of Bridges or Washington. According to Michael Scotto of HoopsHype, Washington has received interest from a few other teams and may be looking at a deal in the range of the one Rui Hachimura got from the Lakers (three years, $51MM).

Since being restricted can slow down the free agency process for players who don’t quickly negotiate a deal with their own teams, it’s possible there won’t be resolution right away for Thybulle, Dosunmu, and Reed. However, the rest of the players in this group are unrestricted and could move faster.

Scotto also has an update on Beasley, reporting today that the veteran shooter has drawn interest from the Sixers, Suns, Raptors, Mavericks, Bucks, and Warriors since reaching free agency. Some of those teams are limited to a minimum-salary offer.

The Kings and Pistons are among the teams that have displayed interest in Craig, according to Scotto, who notes that Detroit’s new head coach Monty Williams was a fan of the wing in Phoenix.

The following free agents were noted in the honorable mention section of our top-50 list and aren’t yet spoken for:

Here are our full lists of free agents by position/type and by team.

Free Agency Rumors: G. Williams, Hornets, VanVleet, Blazers, Tavares

The Hornets are mulling the possibility of an offer sheet for Celtics restricted free agent forward Grant Williams, sources tell Michael Scotto of HoopsHype (Twitter link). Williams has also drawn some interest from the Mavericks, according to Scotto.

The Hornets are currently operating as an over-the-cap team, which means they could offer up to the full $12.4MM mid-level exception in a deal for Williams. They have a potential path to creating cap room to make a stronger bid, but it would require renouncing the cap holds for multiple free agents, including their own RFA forwards P.J. Washington and Miles Bridges. The Hornets have also engaged in contract discussions with Washington, Scotto reports.

Here are a few more free agency notes and rumors from around the NBA:

  • The third and final season of Fred VanVleet‘s new three-year deal with the Rockets will be a team option, according to Jackson Gatlin of Locked on Rockets (Twitter link). A non-guaranteed third year makes the deal look considerably more team-friendly — and considerably more like the two-year offer the Rockets were originally said to be preparing for the veteran point guard.
  • Veteran center Edy Tavares, a second-round pick in 2014, has received a contract offer from the Trail Blazers, sources tell Donatas Urbonas of BasketNews.com. Tavares played just 13 games during his initial NBA stint, but is apparently earning another look after several strong seasons with Real Madrid, with whom he has won two EuroLeague titles and earned three All-EuroLeague First Team nods. However, Tavares’ contract includes a significant buyout, which may preclude a move stateside, Urbonas explains. His deal with Real Madrid will expire in 2024 if he doesn’t sign an extension before then.
  • Donte DiVincenzo drew “strong” interest from three other teams during his free agency before he agreed to sign with New York, reports Ian Begley of SNY.tv (Twitter link). While DiVincenzo’s Villanova connection to Jalen Brunson and Josh Hart was a factor in his decision to join the Knicks, he also believes his new team can be a contender. “He wants to win and has a great opportunity to do so in New York,” a source said to Begley.

Brandon Miller Signs Rookie Deal With Hornets

Brandon Miller has signed his rookie scale contract with the Hornets, the team announced in a press release.

The No. 2 pick in this year’s draft is eligible to receive 120% of the rookie scale, which would amount to $10.88MM in his first season. He can make more than $49MM on his four-year deal.

Miller earned first team All-America honors during his lone season at Alabama and was named SEC Player of the Year and NABC Freshman of the Year. He led the SEC in scoring at 18.8 PPG, ranked second in three-point percentage at 38.4% and was fourth in rebounding at 8.2 per game.

Miller rose up the draft ranks throughout the college season and was eventually able to surpass G League Ignite guard Scoot Henderson for the second overall pick. The Hornets considered both players, but were swayed by Miller’s size and outside shooting, along with his more natural fit alongside LaMelo Ball.

Miller may make his Hornets debut on Monday when the team takes part in the California Classic Summer League.

Eastern FA Rumors: Kuzma, Kyrie, Bridges, Crowder, Sixers

Free agent forward Kyle Kuzma is seeking a contract “well above the mid-level exception,” according to Jake Fischer of Yahoo Sports, but it’s unclear which cap-room team might give him that sort of offer, especially if the Rockets and Pacers use their space on other players.

As Fischer writes, the Jazz were viewed as a legitimate suitor for Kuzma, but that option is almost certainly off the table following Utah’s deal for John Collins. People around the league have begun to consider it increasingly likely that Kuzma could re-sign with the Wizards, according to Fischer. While the Wizards are in the process of reshaping their roster, they’ll have Kuzma’s Bird rights and could view him as a future tradable asset as long as they don’t overpay him.

Here are more free agent rumors from around the Eastern Conference:

  • Following up on a report stating that Kyrie Irving had the Heat on his list of teams to meet with in free agency, Anthony Chiang of The Miami Herald (Twitter link) cites a source who says the Heat have no meeting scheduled with the star point guard. Irving will, however, meet with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link).
  • Interestingly, Fischer writes that the Hornets “don’t appear to have a straightforward path to re-sign” restricted free agent forward Miles Bridges. According to Fischer, Bridges and his representatives have broached the idea of Charlotte pulling its qualifying offer to make him unrestricted. Based on Fischer’s report, it sounds like Bridges’ camp may not feel confident about its leverage in talks with the Hornets entering the summer. The forward isn’t eligible to be signed-and-traded because he wasn’t on Charlotte’s roster last season.
  • Although Jae Crowder is considered likely to re-sign with the Bucks, the veteran forward has also drawn interest from the Heat, league sources tell Fischer.
  • While the Sixers may be fairly quiet at the start of free agency, it’s possible it won’t take the team long to come to an agreement with restricted free agent Paul Reed, according to Kyle Neubeck of PhillyVoice.com. The team’s odds of bringing back Georges Niang, Jalen McDaniels, or Shake Milton don’t appear as strong. A source tell Neubeck that Niang may get “a nice chunk of money” from a rival suitor on the first day of free agency. Milton is unlikely to return to Philadelphia, while McDaniels’ free agency could take some time to play out, Neubeck adds.

Free Agent Rumors: Brown, Lakers, Bridges, Cavs, Heat, Love

The Lakers are “increasingly confident” about their chances of signing Bruce Brown using the non-taxpayer mid-level exception, multiple sources tell Jovan Buha of The Athletic.

The Denver Post first reported on Wednesday that the Lakers have “significant” interest in Brown. A subsequent report suggested that the Nuggets‘ free agent guard may receive offers worth more than the mid-level, which would be virtually impossible for L.A. to match. However, Buha’s latest report suggests the Lakers still feel good about their odds of landing the versatile guard.

As Buha details, there’s a path for the Lakers to re-sign D’Angelo Russell, Austin Reaves, and Rui Hachimura while also using the full mid-level exception, which would hard-cap their team salary at approximately $172MM. That path would require the club to decline Malik Beasley‘s $16.5MM team option and waive Mohamed Bamba, whose $10.3MM salary is non-guaranteed.

Here are a few more free agent rumblings from around the NBA:

  • The Cavaliers have interest in Hornets restricted free agent Miles Bridges, sources tell Chris Fedor of Cleveland.com. However, with only the mid-level exception to offer, Cleveland is a long shot to land Bridges, given that Charlotte would match a mid-level offer sheet “in an instant,” Fedor writes. Sources tell Cleveland.com that Bridges’ camp is expecting a significantly higher per-year salary.
  • Elsewhere within his look at the Cavaliers‘ options in free agency, Fedor says Max Strus would be near the top of the team’s wish list if he’s attainable with the mid-level exception, which he may not be. Fedor adds that Cleveland is in the market for more forward depth in addition to a two-way wing, naming Georges Niang as a possible target.
  • The Heat and Kevin Love have mutual interest in working out a new deal, according to Barry Jackson of The Miami Herald. Miami only holds Love’s Non-Bird rights, so he’d likely have to accept a minimum-salary contract or something slightly above that if he wants to return.
  • In an entertaining piece for GQ.com, Howard Beck speaks to a number of anonymous team executives about their expectations for the NBA’s 2023 offseason.

Eastern Notes: Hornets, Quickley, Bulls, Dobner

A report last Thursday that the Hornets were giving renewed consideration to taking Scoot Henderson with the No. 2 pick was a late attempt to get the Trail Blazers to trade up, Jake Fischer of Yahoo Sports said on the Basketball Illuminati Podcast.

“I don’t think this was done (with) betting markets, conspiracy, blah, blah, blah,” Fischer said (hat tip to Real GM). “I think the Hornets tried to get a little savvy.”

Fischer points out that Charlotte general manager Mitch Kupchak tried a similar tactic in 2015 when he had the No. 2 pick as GM of the Lakers. Kupchak was deciding between D’Angelo Russell and Jahlil Okafor and didn’t communicate to their agents what he planned to do.

“I believe the Hornets did not tell Brandon Miller or Scoot until right on the clock that they were going either direction to continue that misdirection, mystery or whatever you call,” Fischer added. “I think it was a concerted effort by the Hornets to drum up some trade interest there.”

There’s more from the Eastern Conference:

  • An NBA executive tells Sean Deveney of Heavy.com that he thinks Immanuel Quickley will want “nine figures” over four years in his extension talks this summer. The Knicks guard helped his bargaining position with an outstanding third season that saw him finish second in the Sixth Man of the Year voting. “I can’t say the Knicks will go that high but they might have to,” the executive said. “He is not a guy you want to send to restricted free agency.”
  • The Bulls didn’t address their need for outside shooting in the draft, so they’re likely to look for shooters in free agency, per Darnell Mayberry of The Athletic. Chicago’s only pick was Julian Phillips, who shot 23.9% from behind the arc on 46 attempts last season at Tennessee. The Bulls ranked last in three-point attempts per game the past two years, and general manager Marc Eversley believes recently hired shooting coach Peter Patton will help. “Peter comes to us not only as a shooting coach but somebody who can oversee our player development function,” Eversley said. “… And we feel like he can help the overall look and feel of how we play the game and shoot the ball.”
  • Sidney Dobner will be the first female assistant coach in the history of the Bucks, the team stated in a press release announcing Adrian Griffin‘s staff. This will be Dobner’s sixth season with the franchise.

Southeast Notes: Oubre, Poole, Vukcevic, Magic

An abundance of wing players makes it unlikely that the Hornets will re-sign Kelly Oubre, writes Roderick Boone of The Charlotte Observer. The free agent forward has expressed a desire to stay in Charlotte and was a valuable contributor last season, but there may not be enough playing time for him with the new roster.

The addition of No. 2 overall pick Brandon Miller and the expected return of Miles Bridges reduce the need for Oubre, Boone adds. Gordon Hayward will be back for another season unless the Hornets can find a taker for his $31.5MM expiring contract, and Cody Martin and Bryce McGowens will also compete for playing time.

Oubre has spent the past two seasons in Charlotte after signing as a free agent in 2021. He averaged 17.0 points and 4.4 rebounds in 124 games and was effective both as a starter and coming off the bench.

There’s more from the Southeast Division:

  • Jordan Poole should be the focal point of the Wizards‘ offense next season, Josh Robbins and Anthony Slater of The Athletic state in a look at what he’ll bring to Washington. The Wizards have already traded Bradley Beal and Kristaps Porzingis, and Kyle Kuzma may be leaving in free agency. Without their top three scorers from last season, much of the offense will flow through Poole, who showed an ability to carry the scoring load at times with the Warriors. Robbins notes that coach Wes Unseld Jr. gave Kuzma the freedom to create his own shots, which will likely also happen with Poole.
  • In an interview with NBC Sports Washington, Wizards general manager Will Dawkins said he was happy to land Serbian center Tristan Vukcevic with the 42nd pick in last week’s draft. “Young, 20 years old. He’s played internationally, I feel like I’ve watched him for a long time now, since he was a youth as well,” Dawkins said. “With him, seven feet, skilled, can pass, can shoot.” It hasn’t been determined if the Wizards will bring Vukcevic to the NBA next season or have him spend more time in Europe, but Dawkins plans to talk to his representatives about having him play in Summer League.
  • Dylan Murphy is the new head coach for the Magic‘s G League affiliate in Osceola, the team announced (via Twitter). Murphy has been with Orlando for five years and was an assistant coach for the last three seasons.

Hornets Acquire No. 31 Pick James Nnaji

JUNE 28: The trade is now official, according to the Hornets (Twitter link).


JUNE 22: Having already traded down from No. 25 to No. 31, the Celtics are moving down again, according to Jake Fischer of Yahoo Sports (Twitter link), who reports that Boston is sending the first pick of the second round to the Hornets in exchange for Nos. 34 and 39.

Charlotte is using the No. 31 pick to draft Nigerian center James Nnaji, per Shams Charania of The Athletic (Twitter link).

Across 27 games of Liga ACB play with FC Barcelona during the 2022/23 season,  the 6’11” big man averaged just 4.9 PPG on 67.1% field goal shooting, along with 3.0 RPG and 0.7 BPG.

Clearly a longer-term project, the 18-year-old must have impressed Charlotte scouts with his athleticism and size. He boasts a 7’5″ wingspan. The Hornets have enjoyed an active draft thus far, headlined by the selection of Alabama small forward Brandon Miller with the second pick this season.

The Celtics, meanwhile, subsequently flipped the No. 34 selection to the Kings and then moved the No. 39 selection to the Hawks for future draft equity. Boston did acquire one rookie in the second round, Arkansas forward Jordan Walsh, with the No. 38 pick acquired in a deal with the Kings.

Hornets Extend QOs to Washington, Bridges, Maledon

The Hornets have made qualifying offers to P.J. Washington, Miles Bridges and Theo Maledon, the team announced (via Twitter). All three players will be restricted when free agency begins on Friday.

Washington will be a highly sought-after target on the free agent market, and extending the QO gives Charlotte the opportunity to match any offer he receives. The 24-year-old power forward is coming off his best NBA season, averaging 15.7 points, 4.9 rebounds and 2.4 assists in 73 games. His qualifying offer will be $8,486,620.

Charlotte is reportedly interested in bringing back Bridges, who sat out sat out all of last season after pleading no contest to felony domestic violence. General manager Mitch Kupchak declined to comment on Bridges at a post-draft press conference, but rival front offices believe he’ll re-sign with the Hornets. Bridges’ qualifying offer is worth $7,744,600.

Maledon appeared in 44 games for Charlotte after signing a two-way contract shortly before the start of last season. His qualifying offer is equivalent to another one-year, two-way deal.