Charlotte Hornets Rumors | Hoops Rumors

Contract Details: Watford, Ntilikina, Boum

August 8th, 2023 at 10:34am CST by Luke Adams

Trendon Watford‘s one-year, minimum-salary contract with the Nets is non-guaranteed for the time being, but the third-year forward could earn partial guarantees if he makes the opening night roster and holds his spot on the team for at least a couple months.

Watford will receive a partial guarantee of $200K if he isn’t waived on or before the first day of the regular season in October, Hoops Rumors has learned. That partial guarantee would increase to $700K if he remains under contract through December 19.

Watford’s full $2.02MM salary would become guaranteed if he isn’t cut on or before January 7. That’s the date that all players on non-guaranteed contracts must be waived by if their teams want to avoid paying their full salaries.

Here are a few more details on recently signed contracts:

The one-year, minimum-salary deal that Frank Ntilikina signed with the Hornets is partially guaranteed for $200K, Hoops Rumors has learned. Ntilikina would have to remain under contract through the league-wide salary guarantee deadline of January 7 in order to earn his full $2.53MM salary.
Souley Boum‘s non-guaranteed training camp contract with the Nuggets includes Exhibit 10 language, Hoops Rumors has confirmed. Boum would receive a bonus worth $75K if he’s waived before the regular season begins and then spends at least 60 days with the Grand Rapids Gold, Denver’s G League affiliate.
In case you missed it, Anthony Davis‘ three-year, maximum-salary contract with the Lakers includes a third-year player option for the 2027/28 season, as Michael Scotto of HoopsHype reported on Sunday when the deal was officially finalized.

Hornets Signing R.J. Hunter

August 5th, 2023 at 6:45pm CST by Arthur Hill

Free agent shooting guard R.J. Hunter has reached an agreement with the Hornets, agent Daniel Hazan tells Chris Haynes of TNT and Bleacher Report (Twitter link). It’s a one-year, non-guaranteed deal, tweets Rod Boone of The Charlotte Observer.

The 29-year-old last played in the NBA in 2018/19 when he appeared in one game with the Celtics on a two-way contract. He had short stays with a series of overseas teams since then, but sat out last season with a ruptured left patellar tendon he suffered in 2022 while playing in Australia for the Sydney Kings.

Boston selected Hunter with the 28th pick in the 2015 draft, but he was waived after just one year. He signed with the Bulls before the start of the 2016/17 season, but only got into three games before being released. He also appeared in five games with the Rockets on a two-way deal.

The addition of Hunter, along with the recent signing of Frank Ntilikina, will bring Charlotte up to 16 players on standard deals. They also have a pair of players on two-way contracts.

Hornets Notes: Schnall, Plotkin, Jordan, Roster

August 5th, 2023 at 2:36pm CST by Rory Maher

New Hornets co-chairmen Rick Schnall and Gabe Plotkin gave an exclusive interview to Roderick Boone of The Charlotte Observer on Thursday following their introductory press conference.

The chat covered a number of topics, including the duo’s desire to build a sustainable winner, fan engagement, the team’s roster, and their respect for former majority owner Michael Jordan, who retained a minority stake in the franchise and recently penned an open thank you letter following the finalized sale.

Here are some highlights from Boone’s interview, with is worth checking out in full for Hornets followers:

On Jordan initiating the conversation about selling the team last August:

“The way he has dealt with us in this process — he told us a year ago, ‘You two guys are the right guys to buy the business,'” Schnall said. “You are basketball guys. I believe you can do this, and I want you to do this.’ And he stuck to his word. He was committed. That’s when we started down this path.”

How Schnall’s experience as a minority owner of the Hawks will impact his decision-making with Charlotte:

“I think being in and around the NBA for eight years, watching how owners make decisions, how general managers make decisions, how the CBA works, how trades work, how you build a roster. And I’m a business builder as a living, and I take all that in to think about and work with Gabe, and the rest of the group on how do you build a team? What’s the strategy for building a team over the long term, and create success over the long term?

“Obviously, I wasn’t making the decisions in Atlanta, but I was in the room. And we went through a rebuild. We made a decision to break it down. … Now you can debate if we did everything right. I don’t think we did. But we did a lot of things right. We had the right idea at that time.

“… I think all of that is information and Gabe and I spent a lot of time talking about it. Now that we are in the position of making those decisions or helping make those decisions, what are the right decisions to make at different times in order to try to build a sustainably successful franchise. And that’s what we are trying to do. We are not trying to win the title in one year and then be terrible two years later. Like any sustainable business, how do we build something that is a contender year-in and year-out.”

Plotkin’s thoughts on the current state of the roster:

“I think it will be a competitive team. When you look at the Eastern Conference, it’s pretty powerful at the top of the conference and there’s a bunch of teams somewhere in the middle parts where I think we can compete within. And we’ll see how that plays out. I think there are really a lot of good parts on the roster. Really, we liked what we saw out of Brandon (Miller) at summer league. His shot wasn’t falling, but that is not something that we are really worried about. He’s got great mechanics, he’s got a great release, he shot the ball incredibly well at Alabama.

“And we just signed LaMelo (Ball) to the max. And he was playing great basketball last year before he got injured. Usually that third, fourth year is an inflection year and we just didn’t get to see it from him because he wasn’t really on the court. And we were just speaking with Mark Williams. When he came into the starting lineup, there was a palpable difference on how this team defended. Being a part of this team for the last four or five years, there’s been no rim protection.

“And so to anchor yourself with a really high basketball IQ player on the back end of your defense, who can alter shots and shoot the basketball a little bit and rim run, that’s really important. The pieces are all there. We’ll see how Miles (Bridges) looks as he comes back. He was great the last season we had him, and there are other young parts that can elevate. And, of course, you have Gordon (Hayward) and Terry (Rozier), who are kind of consummate professionals. There’s a lot of pieces. They’re young and we think they will continue to develop.”

Frank Ntilikina Signs With Hornets

August 5th, 2023 at 9:56am CST by Luke Adams

AUG. 5: Ntilikina’s deal with the Hornets is official, per team release (Twitter link).

AUG. 4: The Hornets are signing free agent guard Frank Ntilikina to a one-year contract, agents Sam Rose and Olivier Mazet tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski says that Ntilikina’s deal will be partially guaranteed, while Rod Boone of The Charlotte Observer (Twitter link) hears that it will be non-guaranteed — we’ll have to wait for more clarity on the exact details, but it’s a safe bet it’ll be worth the veteran’s minimum.

Ntilikina, who turned 25 last week, was selected eighth overall in the 2017 draft by the Knicks. He spent his first four NBA seasons in New York before joining the Mavericks for the last two years.

Ntilikina has never developed into much of an offensive threat at the NBA level, averaging a modest 4.8 points and 2.2 assists per game in 316 career contests (17.1 MPG), with a shooting line of .371/.323/.760. However, he’s considered a strong perimeter defender.

While Ntilikina’s partially guaranteed contract won’t necessarily assure him of a regular season roster spot in Charlotte, he has the opportunity to follow in the footsteps of another former Knicks guard who was drafted in the 2017 lottery – Dennis Smith Jr. earned regular playing time in the Hornets’ rotation last season due to his strong defensive play. He parlayed that showing into a guaranteed contract with Brooklyn this offseason.

Charlotte only has 12 players on fully guaranteed contracts – not counting restricted free agent P.J. Washington – and doesn’t have much point guard depth behind starter LaMelo Ball, so Ntilikina should have an inside track on a 15-man roster spot as long as he performs well in training camp. It’s also worth noting that two-way player Theo Maledon is still a restricted free agent, so his potential return could affect Ntilikina’s role in Charlotte.

If Ntilikina doesn’t claim a spot on the Hornets’ 15-man roster, it will be interesting to see whether the Frenchman catches on with another team or considers a move back to Europe. As Sportando relays, there had been rumors that French club ASVEL Basket made an offer to Ntilikina.

Hornets Waive Xavier Sneed

August 3rd, 2023 at 3:58pm CST by Rory Maher

The Hornets have waived forward Xavier Sneed, who was on a two-way contract, per a team press release.

Sneed, 25, spent most of the 2022/23 season with the Greensboro Swarm, Charlotte’s NBAGL affiliate, appearing in a total of 44 games with the club across the Showcase Cup and regular season. In 32 regular season appearances (31.2 MPG), Sneed averaged 12.5 points, 4.7 rebounds, and 2.4 assists per night with a .393/.318/.738 shooting line.

He received a 10-day contract from Charlotte at the end of last season and then signed a two-way deal just before the season ended. He appeared in four games with the Hornets, averaging 4.3 points in 12.0 minutes.

Sneed, who also had brief NBA stints with the Grizzlies and Jazz, has spent the bulk of his three-year professional career playing in the G League, primarily with the Swarm. The former Kansas State product went undrafted in 2020.

As our roster count shows, the Hornets currently have 14 players on standard contracts (12 guaranteed), a pair on two-way deals after releasing Sneed, two unsigned restricted free agents (P.J. Washington and Theo Maledon), and one unsigned draft pick (James Nnaji, who was selected 31st overall).

Sale Of Hornets Finalized

August 3rd, 2023 at 9:34am CST by Arthur Hill

The purchase of Michael Jordan’s majority stake in the Hornets by a group led by Gabe Plotkin and Rick Schnall has been finalized, the team announced in a press release. The sale was approved by the NBA’s Board of Governors last month.

Plotkin and Schnall will immediately take over controlling interest in the team. They will serve as co-chairmen of Hornets Sports & Entertainment and will rotate the governorship every five years, starting with Schnall.

“Our vision is to take the Hornets to the next level, both on and off the court,” the new owners stated in the release. “We will look to build a highly competitive basketball team, develop innovative business practices, give back to our community and connect with our fans. We plan to further invest in the team, the facilities and the fan experience, with the goal of delivering a winner to our fans throughout the Carolinas. We are confident that our successful business backgrounds and our previous experience as NBA minority owners will be beneficial as we shape the future of the franchise as a best-in-class organization.”

Schnall had been a minority owner of the Hawks and an alternative on the league’s Board of Governors since 2015. Plotkin has held a minority stake in the Hornets since 2019 and served as a Board of Governors alternate as well. Their ownership group includes entertainers J. Cole and Eric Church, who are both from North Carolina.

Jordan, who has owned the team since 2010, will remain a minority owner and an alternate governor, the press release confirms. The purchase price isn’t disclosed, but ESPN’s Adrian Wojnarowski has reported that the franchise is being valued at $3 billion for the sale.

“The opportunity to be the majority owner of the Charlotte Hornets in my home state of North Carolina for the last 13 years has been a tremendous honor,” Jordan said. “I’m proud of all that the organization accomplished: the exciting on-court moments, the return of the Hornets name, Charlotte hosting the 2019 NBA All-Star Game and HSE becoming a true pillar of this community. Through the years, the unwavering commitment, passion and loyalty of our Hornets fans has been incredible.

“As I transition into a minority ownership role, I’m thrilled to be able to pass the reins to two successful, innovative and strategic leaders in Gabe and Rick. I know the Hornets organization is in great hands moving forward. I’m excited about the future of the team and will continue to support the organization and the community in my new role in the years ahead.”

Southeast Notes: Hornets, J. Richardson, D. Robinson, Gallinari

August 2nd, 2023 at 7:29pm CST by Rory Maher

Restricted free agent P.J. Washington and the Hornets remain at an impasse in contract negotiations and there have been “no indications” of that changing anytime soon, league sources tell Roderick Boone of The Charlotte Observer.

Boone examines the team’s roster and depth chart entering the 2023/24 season, writing that No. 2 overall pick Brandon Miller projects to come off the bench behind veterans Terry Rozier and Gordon Hayward.

Assuming Washington is on the roster, he’ll have the inside track for the starting power forward position, with Miles Bridges suspended for the first 10 games. However, Boone wonders if the Hornets will eventually pivot to Bridges if they get off to a slow start.

2021 first-round picks James Bouknight and Kai Jones will likely find minutes tough to come by, Boone adds.

Here’s more from the Southeast:

Appearing at the Heat‘s youth camp on Wednesday, returning swingman Josh Richardson said Damian Lillard is the best player he’s played against, as Ira Winderman of The South Florida Sun Sentinel relays. Lillard’s status, of course, has been one of the primary stories of the offseason, as the longtime Trail Blazers star requested a trade to Miami. Richardson, a free agent signee, said his game is malleable and he’s ready for whatever role he’s given. “I mean, you know how (head coach Erik Spoelstra) Spo is, he’s kind of like, ‘I can put you out there and do anything,’” Richardson said of not sweating how the roster or his role ultimately could shake out. “So it’s kind of what I’m good at. I’m kind of a jack of all trades. Our talk was good before, but I’ll guess we’ll see more concrete once the games get started.”
In a subscriber-only mailbag for The Sun Sentinel, Winderman notes that while losing Max Strus‘ shooting could make Duncan Robinson more valuable to the Heat, the latter certainly isn’t irreplaceable. Robinson’s name has popped up in trade rumors for several months and he could be used as a salary-matching piece in a possible Lillard deal.
Wizards forward Danilo Gallinari, who was acquired from Boston as part of the Kristaps Porzingis trade, says he’s looking forward to competing against the Celtics next season, according to Daniel Donabedian of Clutch Points. “I can’t wait to play against Boston,” Gallinari said on the Italian A Cresta Alta podcast. “When the schedule will be unveiled, I’ll put an X on the games we will play at Boston against the Celtics.” Gallinari grew up idolizing Celtics legend Larry Bird and hoped to win a title in Boston, but missed all of last season after tearing his ACL last year.

And-Ones: D. Rivers, M. Jackson, Bahamas, Shooting Tech, Contracts

July 31st, 2023 at 3:55pm CST by Rory Maher

After letting go of Jeff Van Gundy last month, ESPN/ABC has also laid off fellow analyst Mark Jackson, sources tell Andrew Marchand of The New York Post. Jackson confirmed the news in an interview with Peter Vecsey, Marchand adds (via Twitter).

As Marchand writes, the new top NBA broadcast team at ESPN/ABC will be comprised of longtime play-by-play announcer Mike Breen, former Sixers head coach Doc Rivers, and Doris Burke, who is being promoted. The hiring of Rivers and promotion of Burke aren’t yet official, but they are “quickly moving in that direction,” according to Marchand.

Barry Jackson of The Miami Herald confirms Marchand’s reporting (via Twitter).

Here’s more from around the basketball world:

The Suns‘ Deandre Ayton and Eric Gordon, Pacers wing Buddy Hield, and Hornets big man Kai Jones are on the 2024 Olympic qualifying roster for the Bahamas, per Marc J. Spears of Andscape. The Bahamian national team will play its qualifying games in Argentina from August 14-20. “I’m excited to be back playing for Team Bahamas and to see how much the program has grown,” Ayton told Spears. “Can’t wait to play with my guys. It’s truly a special experience to compete with teammates – who are from where you’re from – with Bahamas on your chest.”
Tim MacMahon of ESPN details how Breakaway Data — a startup focused on the biomechanics of shooting — has partnered with Overtime Elite and Las Vegas Summer League to provide detailed breakdowns of each player’s shot. “I thought it was very informative,” Overtime Elite product Amen Thompson, drafted fourth overall by the Rockets, told ESPN. “Not everything works for everybody, but that [data] can’t really be a bad thing. It can only help to get as much information as possible. I felt like that’s what it gave us.”
Which players have inked the most lucrative contracts in NBA history? Yossi Gozlan of HoopsHype provides the list. Jaylen Brown‘s new super-max extension with the Celtics is the current largest deal ever, Gozlan notes.

Hornets Notes: Washington, Bouknight, Jones, Martin

July 29th, 2023 at 10:45pm CST by Arthur Hill

The situation surrounding Hornets forward P.J. Washington has been “amazingly quiet,” Marc Stein states in his latest Substack chat. With nearly a month elapsed since free agency began, Washington remains the most prominent player without a new contract and there’s little indication that the impasse will be resolved soon.

Washington is restricted, so Charlotte can match any offer sheet he might receive, but free agency money dried up weeks ago. No one has the resources to offer him a contract starting at more than the non-taxpayer mid-level exception of about $12.4MM without working out a sign-and-trade. Stein speculates that Washington may decide to accept the Hornets’ $8.5MM qualifying offer and test the market again next summer when he’s unrestricted.

That same theory is floated by Roderick Boone of The Charlotte Observer, who notes that threatening to take the QO is the only way Washington can gain any leverage in negotiations. Like Stein, Boone reports that everything appears to be “status quo,” but cautions that doesn’t mean progress isn’t being made behind the scenes.

There’s more from Charlotte:

There’s no clear path to playing time for either James Bouknight or Kai Jones, Boone adds in the same piece. The selection of Brandon Miller with the No. 2 pick in the draft creates another obstacle for Bouknight, who hasn’t made a significant impression during his first two NBA seasons. Another wing player may have to be injured for Bouknight to get a shot at rotation minutes. As for Jones, he’s third on the depth chart behind Mark Williams, a first-round pick last year, and Nick Richards, who recently signed a three-year, $15MM extension. Boone states that coach Steve Clifford doesn’t like using three centers, so there doesn’t seem to be a role for Jones.
The Hornets may be in the market for a ball-handling guard after Dennis Smith Jr. signed with the Nets, according to Boone. He notes that there’s no one on the roster who would be a natural backup to LaMelo Ball, so that role would likely go to Terry Rozier, which would push his minutes above where the team wants them to be.
It’s encouraging that Cody Martin hasn’t undergone surgery for the knee issues that limited him to seven games last season, Boone adds. However, he points out that the Hornets won’t know how Martin’s knee will hold up until he resumes playing a regular schedule. The small forward has three seasons left on his four-year, $31MM contract.

Former Warriors Exec Bob Myers Likely To Get Job Offers

July 29th, 2023 at 9:14pm CST by Arthur Hill

Bob Myers indicated that he wanted some time away from the game when he stepped down as president of basketball operations and general manager of the Warriors, but fans should expect to hear his name mentioned in connection to any openings that arise in the next few months, writes Jake Fischer of Yahoo Sports.

The most obvious team for Myers, according to Fischer, is the Clippers because of his longtime association with team consultant Jerry West and the working relationship they developed during their time together with Golden State. Myers spent more than a decade with the Warriors and helped to win four championships, so Fischer believes he’ll be among the first names that any team will call if it decides to shake up its front office.

Fischer identifies a few other former general managers who may be in line for a second chance, including ex-Utah GM Dennis Lindsey, who is currently working in the Mavericks‘ front office, Kings assistant GM Wes Wilcox, who has rebuilt his reputation after his experience in Atlanta, and former Orlando GM Rob Hennigan, who is VP of basketball operations with the Thunder.

Fischer passes along more information about rising stars in NBA front offices:

Pelicans general manager Trajan Langdon was among the candidates to become the Wizards’ president of basketball operations and he’ll likely be considered for similar jobs in the future, Fischer writes. Raptors GM Bobby Webster, Cavaliers GM Mike Gansey and new Clippers GM Trent Redden all appear headed for team president roles someday, Fischer adds.
Jeff Peterson, the Nets‘ assistant GM, is considered one of the league’s best young executives, according to Fischer. Peterson interviewed for the Pistons’ GM slot in 2020, and Fischer hears that he’s viewed as one of the favorites to take over the Hornets if they decide to replace Mitch Kupchak, who’s in the final year of his contract. Pelicans assistant GM Bryson Graham could be first in line to replace Langdon if he leaves, but league sources tell Fischer that he might get an opportunity with another team before that happens.
Tayshaun Prince is a valuable member of the Grizzlies‘ front office and has received overtures about running other teams, according to Fischer. Among other former NBA players, Jameer Nelson has built a strong reputation in the Sixers‘ front office for his work with their G League affiliate, and Acie Law appears headed for a promotion with the Thunder after Will Dawkins was hired by the Wizards.
Fischer identifies CAA’s Austin Brown as an agent who might move into a front office role, noting that he was a candidate to run the Bulls in 2020. Fischer also singles out agents Jason Glushon and Todd Ramasar, along with Kirk Berger, a legal counsel with the players’ union.