8:23am: The Hornets have officially announced the signings and confirmed that all three players, plus Johnson, are on Exhibit 10 contracts, as expected.
8:13am: The Hornets are signing free agents Marcus Garrett, Joel Soriano, and Caleb McConnell to training camp contracts, league sources tell Rod Boone of The Charlotte Observer (Twitter link).
Garrett, a 6’5″ guard who went undrafted out of Kansas in 2021, spent part of his rookie season on a two-way contract with the Heat and appeared in 12 games for Miami. However, the former Naismith Defensive Player of the Year has primarily played in the G League since going pro. He spent last season with the Greensboro Swarm and played for the Hornets’ Summer League team in Las Vegas this July.
Soriano, a 6’10” center, went undrafted in June after finishing his college career at St. John’s. The big man averaged a double-double (14.5 points, 10.7 rebounds) in 66 games during his final two college seasons while also chipping in 1.6 blocks and 1.4 assists in 29.3 minutes per contest.
McConnell went undrafted out of Rutgers in 2023 and spent his rookie year with the Oklahoma City Blue, the Thunder’s G League affiliate. The 6’7″ wing, a two-time Big Ten Defensive Player of the Year in college, averaged 7.1 points, 5.7 rebounds, and 2.2 assists in 21.7 minutes per game across 47 Showcase Cup and regular season appearances for the Blue, who won the NBAGL championship in the spring. McConnell’s G League returning rights were recently traded from OKC to Greensboro.
Garrett, Soriano, and McConnell will almost certainly sign non-guaranteed Exhibit 10 contracts, which will put them in line to receive bonuses worth up to $77.5K if they’re waived by the Hornets, then spend at least 60 days with the Swarm. It’s worth noting that Exhibit 10 contracts can also be converted to two-way deals before opening night, and Charlotte does have a two-way slot open.
Prior to officially completing these three signings, the Hornets are carrying 17 players on their offseason roster — 14 on standard contracts, a pair on two-way deals, and one (Keyontae Johnson) on a camp contract. They’ve also reportedly agreed to an Exhibit 10 deal with Raequan Battle.