Charlotte Hornets Rumors | Hoops Rumors

Hornets Re-Sign Cody Martin To Four-Year Deal

July 2nd, 2022 at 2:35pm CST by Luke Adams

JULY 6: The Hornets have officially re-signed Martin, the team announced in a press release.

“Re-signing Cody was one of our offseason priorities, and we’re excited to have him return to the Hornets,” president of basketball operations Mitch Kupchak said in a statement. “He is an exceptional defender, plays hard at both ends of the floor and has improved all aspects of his game since entering the NBA. Cody will continue to be a valuable member of our team as we move forward.”

JULY 2: The Hornets and restricted free agent Cody Martin have reached an agreement on a multiyear deal, reports Rod Boone of The Charlotte Observer (via Twitter). According to Shams Charania of The Athletic (via Twitter), Martin is signing a four-year, $32MM contract to remain in Charlotte.

Martin, 26, has spent his first three NBA seasons with the Hornets and emerged as a key part of the team’s rotation in 2021/22. He averaged an extra 10 minutes per game and improved his numbers across the board, setting new career highs in PPG (7.7), RPG (4.0), APG (2.5), SPG (1.2), FG% (.482), and 3PT% (.384).

A second-round pick in 2019, Martin earned a total of $4.47MM in his first three years in the NBA, so his new deal represents a major pay increase. Because the Hornets held his Bird rights, they won’t need to dip into their mid-level exception to complete the signing.

The deal with Martin is the first move of what has been a relatively quiet free agent period in Charlotte so far. In the weeks leading up to free agency, it was assumed that sorting out Miles Bridges‘ contract situation would be the Hornets’ top priority. However, Bridges was arrested and charged with felony domestic violence this week.

With Bridges’ NBA future up in the air, the Hornets shifted their focus to re-signing their other key restricted free agent wing. It’s unclear to what extent Martin explored the open market, but Charlotte would have had the ability to match any offer sheet he signed. The two sides avoided any drama by negotiating a new directly.

Martin’s twin brother Caleb Martin is one of the top free agents still on the board. Cody and Caleb ranked 28th and 29th, respectively, on the final iteration of our list of this year’s top 50 free agents.

Hornets Sign Mark Williams, Bryce McGowens

July 2nd, 2022 at 12:30pm CST by JD Shaw

The Hornets have signed center Mark Williams to his rookie contract, the team announced in a press release today. Williams was drafted No. 15 overall by the club in this year’s draft. Charlotte also announced the team’s second-round pick, Bryce McGowens, has officially signed his two-way deal.

Assuming the typical 120% of the rookie scale, Williams’ deal will be worth $18MM across four seasons. He’ll make $3.7MM in his first year with the team. The 7’0″ big man averaged 11.2 points, 7.4 rebounds and 2.8 blocks in 23.5 minutes per game at Duke last season.

McGowens, a 19-year-old guard, started in all 31 games he played with Nebraska last year. He averaged 16.8 points and 5.2 rebounds per game, shooting 40% from the floor and 27% from deep.

Both Williams and McGowens will play for Charlotte during the Las Vegas Summer League, which begins next week. The Hornets missed the playoffs last season and finished with a 43-39 record.

Checking In On NBA’s Top Remaining Free Agents

July 2nd, 2022 at 6:20am CST by Luke Adams

Technically, most of this year’s top free agents remain unsigned. Until the moratorium in place at the start of the 2022/23 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, 40 of the players from our list of 2022’s top 50 free agents have taken themselves off the market by reaching contract agreements with teams around the league.

[RELATED: 2022 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 Saturday morning, here are the top free agents from our top-50 list (which was last updated on Tuesday) who have yet to agree to new deals:

James Harden, G, Sixers
Deandre Ayton, C, Suns (RFA)
Miles Bridges, F, Hornets (RFA)
Collin Sexton, G, Cavaliers (RFA)
Cody Martin, F, Hornets (RFA)
Caleb Martin, F, Heat (RFA)
Dennis Schröder, G, Rockets
Montrezl Harrell, C, Hornets
Jordan Nwora, F, Bucks (RFA)
T.J. Warren, F, Pacers

Four of our top nine free agents remain on the board, but there are a couple caveats worth considering here. Harden, for instance, is widely expected to remain with the Sixers — it’s just a matter of the two sides figuring out how many years and dollars he’ll get. The two sides are reportedly meeting this weekend to negotiate his new contract.

Bridges’ on-court contributions made him one of our top free agents of this offseason when we published our initial list, but if we were re-ranking the available players today, he would plummet. After being arrested following allegations of felony domestic violence, Bridges was formally charged on Friday, per the Los Angeles Police Department (story via ESPN), and his NBA future is very much up in the air.

Roderick Boone of The Charlotte Observer wrote on Friday that a long-term deal for Bridges, which appeared to be a formality a few days ago, now appears very unlikely. Emiliano Carchia of Sportando (Twitter link) has sources who believe the Hornets will pull their $7.9MM qualifying offer to Bridges, making him an unrestricted free agent. The 24-year-old is toxic right now, and for good reason.

Of the eight other players listed above, four are restricted free agents, which will reduce their leverage to negotiate favorable multiyear terms, at least to some extent. However, Ayton, in particular, still seems like a good bet to land a lucrative long-term contract.

His situation may be tied to the Kevin Durant trade market — if the Suns can acquire Durant, Ayton could be a key part of the outgoing package in a sign-and-trade, either to Brooklyn or a third team. The Jazz and Pacers are among the teams that have been linked to the former No. 1 overall pick.

It remains unclear which teams might try to force the Cavaliers‘ hand on Sexton. According to Chris Fedor of Cleveland.com (Twitter link), Cleveland still has about $15MM in breathing room below the luxury tax line. It’s possible the club will be able to bring back Sexton and stay out of the tax if no rival suitors with cap room are prepared to pursue the 23-year-old guard.

Harrell has his own legal issues to deal with, though the marijuana charges he’s facing will presumably be viewed by teams as far less troublesome as Bridges’ charges.

Warren, meanwhile, is a bit of a wild card. On merit alone, he would’ve ranked much higher on our initial list, but the fact that he has essentially missed two full seasons due to injuries made me wary of placing him too high — it seems as though his lengthy layoff may be giving potential suitors pause as well.

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

LaMarcus Aldridge, F/C, Nets
Carmelo Anthony, F, Lakers
Bismack Biyombo, C, Suns
Avery Bradley, G, Lakers
Thomas Bryant, C, Wizards
Facundo Campazzo, G, Nuggets
DeMarcus Cousins, C, Nuggets
Goran Dragic, G, Nets
Dwight Howard, C, Lakers
Serge Ibaka, F/C, Bucks
Jeremy Lamb, G/F, Kings
Markieff Morris, F, Heat
Austin Rivers, G, Nuggets
Tristan Thompson, C, Bulls
Hassan Whiteside, C, Jazz

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

Eastern Notes: Cavs, Rubio, Tsai, Bucks, Papagiannis, Bridges

July 1st, 2022 at 2:19pm CST by Arthur Hill

The Cavaliers‘ agreement with Ricky Rubio remains flexible and could eventually become a sign-and-trade with the Pacers, sources tell Chris Fedor of Cleveland.com. Rubio, who suffered a torn left ACL last December, isn’t expected to be able to play for the first two or three months of the season, so the Cavs want to explore other point guard options.

If they do a sign-and-trade with Rubio, they’d be able to use their $10.4MM mid-level exception to address that area, and Fedor suggests that another signing could be reported sometime this weekend.

Bringing back Rubio was “Plan A” for the team, Fedor adds, after he helped fuel a surprising rise to contention last season. Serving as a veteran component in a young backcourt, Rubio averaged 13.1 points, 4.1 rebounds and 6.6 assists in 34 games before the injury. Cleveland was 20-14 with Rubio last season, but only 24-24 when he didn’t play.

There’s more from the Eastern Conference:

Nets owner Joe Tsai is fed up with the drama surrounding the organization and won’t mind parting with Kevin Durant and Kyrie Irving, according to Joe Vardon of The Athletic. Vardon notes that Tsai has been willing to pay the luxury tax in the three seasons since Durant and Irving arrived, but he hasn’t gotten much in return, with just one playoff series win in that time. Other distractions, such as the coaching change involving Kenny Atkinson, the trades to acquire and then unload James Harden, the addition of Ben Simmons when he wasn’t ready to play, and Irving’s refusal to get vaccinated have all tested Tsai’s patience, Vardon adds.
The Bucks have some interest in former first-round pick Georgios Papagiannis, tweets Dionysis Aravantinos of HoopsHype. The Greek center fizzled out quickly after being selected at No. 13 in the 2016 draft — playing 38 games for the Kings and one for the Trail Blazers — but he has been a star in Europe, earning a spot on the All-EuroLeague Second Team this year. Papagiannis is still under contract to Panathinaikos, so Milwaukee would have to arrange a buyout, but Aravantinos doesn’t see that as an obstacle.
The wife of Hornets forward Miles Bridges has posted several photographs showing injuries that she says were caused when he attacked her this week, as Amy Woodyatt and Jacob Lev of CNN write. Bridges was arrested on Wednesday and charged with felony domestic violence. His next court date is scheduled for July 20, per CNN’s report.

Free Agent Rumors: Bryant, Bridges, Cavs, Paschall, Suns

June 30th, 2022 at 10:25am CST by Luke Adams

Veteran center Thomas Bryant, who will be an unrestricted free agent this week, is likely to leave the Wizards and sign with a new team, according to Chase Hughes of NBC Sports Washington, who tweets that Bryant is expected to have multiple suitors.

While Hughes’ report doesn’t name any specific teams that will pursue Bryant, a number of clubs around the NBA are believed to be in the market for a backup center, including the Bulls, Raptors, Knicks, and Lakers, among others.

Assuming Bryant departs, the Wizards would likely be in the market for a third center to join Kristaps Porzingis and Daniel Gafford on their depth chart, Hughes notes.

Here are a few more free agency updates from around the NBA:

Following Miles Bridges‘ arrest on domestic violence charges, the Hornets have put out a press release indicating that they’re aware of the situation. “We are in the process of gathering additional information,” the team said in its statement (Twitter link). “We will have no further comment at this time.”
In a lengthy look at the free agents the Cavaliers could consider this offseason, Chris Fedor of Cleveland.com cites sources who say the team has been in touch with forward T.J. Warren‘s camp and remains interested in point guard Tyus Jones.
Confirming that Jazz forward Eric Paschall didn’t receive a qualifying offer to make him a restricted free agent, Tony Jones of The Athletic cites sources who say Paschall is expected to draw interest on the open market as an unrestricted FA.
Free agent big man Frank Kaminsky appears unlikely to return to the Suns, tweets John Gambadoro of Arizona Sports 98.7. Kaminsky, who was waived by Phoenix in April, missed most of the season due to a stress reaction in his right knee, which required surgery.
Gambadoro also tweets that he expects the Suns to have interest in unrestricted free agent wing Donte DiVincenzo.

Hornets’ Miles Bridges Arrested For Felony Domestic Violence

June 29th, 2022 at 10:58pm CST by Rory Maher

Miles Bridges, who is set to hit restricted free agency after the Hornets tendered him a qualifying offer, was arrested on felony domestic violence charges in Los Angeles on Wednesday, according to TMZ Sports.

Bridges was allegedly involved in an argument with a woman that turned into a physical altercation, per TMZ. Law enforcement sources tell TMZ that the woman needed medical attention after they arrived at the scene.

The incident occurred on Tuesday, with Bridges initially leaving the scene and later turning himself into the police on Wednesday, at which point he was arrested. His bail was set at $130K and he has since been released, TMZ reports.

First and foremost, hopefully the alleged victim is okay and didn’t sustain any serious injuries.

It’s unclear if Bridges’ legal status will impact his upcoming contract situation, but obviously the allegations and charges are quite serious. Certainly, teams that may have been mulling a large offer sheet will think twice about doing so in light of his alleged behavior.

Bridges, 24, was expected to land one of the biggest paydays in free agency after a breakout fourth season saw him average career-highs in several categories, including points (20.2), rebounds (7.0) and assists (3.8). He appeared in 80 games (35.5 minutes per night) last season, all starts.

Eastern Notes: Clifford, Pistons, Smart, Raptors, Sixers

June 29th, 2022 at 3:10pm CST by Arthur Hill

Although the Hornets fired him as head coach following the 2017/18 season, Steve Clifford still had a good relationship with general manager Mitch Kupchak and owner Michael Jordan, writes Steve Reed of The Associated Press. Those ties resulted in Clifford getting his old job back after Warriors assistant Kenny Atkinson pulled out of an agreement to coach the team.

“You want to evolve and get better at what you do,” Clifford said Tuesday at his introductory press conference. “I have coached a lot more games than I had when I was here the first time and worked with another team. You learn a lot from that.”

Clifford was brought in to fix a defense that ranked 22nd in the league this season, and he told reporters that will be an emphasis. Clifford doesn’t plan major changes to the offense, which will continue with a fast-paced philosophy led by LaMelo Ball.

“We are going to play offensively with a very similar emphasis that they have played with the last couple of years,” Clifford said. “Offense starts with playing through the strengths of your best players and Ball is a great talent with a passion for the game and a flair for playing in the open court and we want to take advantage of that.”

There’s more from the Eastern Conference:

Acquiring Nerlens Noel and Alec Burks from the Knicks will give the Pistons greater flexibility next offseason, observes James L. Edwards III of The Athletic. Detroit will have team options on both players for 2023/24 and can create $19MM in cap room by letting them go. With Cory Joseph and Hamidou Diallo both on expiring contracts, Kelly Olynyk holding a $3MM partial guarantee and DeAndre Jordan‘s $7.9MM in dead money coming off the books, the Pistons should have north of $45MM in cap space for 2023, Edwards writes.
Celtics guard Marcus Smart barely notices anymore when he’s the subject of trade talks, tweets basketball writer Mark Murphy. “Every year my name is in talks, and I’m still here,” Smart said. “I’m still the longest tenured Celtic. So I take it as a compliment. It means you’re valued pretty high and if your name is talked about people want you. But I don’t pay much attention.”
The Raptors are expected to target centers in free agency with Isaiah Hartenstein and Thomas Bryant being players to watch, according to Michael Grange of Sportsnet.ca.
Kyle Neubeck of The Philly Voice examines the Sixers‘ options in free agency and looks at how James Harden‘s option decision will impact the team’s cap situation.

Eastern Free Agent Rumors: Sexton, Bagley, Claxton, Hartenstein, Bridges

June 29th, 2022 at 11:48am CST by Arthur Hill

The Cavaliers are trying to re-sign Collin Sexton, but their first offer was short of what he’s hoping for, according to Jake Fischer of Bleacher Report.

The free agent guard wants a new deal that averages about $20MM per year, sources tell Fischer, but Cleveland’s early offer in extension talks was below that number. Fischer says it was similar to Jordan Clarkson‘s “three-year, $51MM” deal, but Clarkson’s contract is actually worth $52MM over four years, so it’s unclear which of those figures was closer to Cleveland’s initial offer.

Sexton missed most of last season with a torn meniscus in his left knee. He was recently cleared for full basketball activities and should be ready for training camp.

There’s more on Eastern Conference free agents, all from Fischer:

Marvin Bagley III, who was acquired at the trade deadline, is expected to re-sign with the Pistons for more than $10MM per year. Fischer compares the expected deal to what the Hornets gave Kelly Oubre, which was two seasons at $24.6MM with a partial guarantee on the second year.
Fischer confirms a report that Nic Claxton will likely remain with the Nets, probably for an amount in the neighborhood of the full MLE.
The Bulls and Magic could be among the suitors for center Isaiah Hartenstein now that the Clippers are expected to give their full taxpayer MLE to John Wall. Chicago has been linked to several centers, but Fischer hears that the team would prefer not to use its entire non-taxpayer MLE of $10.1MM, so Hartenstein may be a lower-cost option. Rumors have emerged that Orlando may have interest in Hartenstein, but Fischer adds that he could also decide to remain in L.A. on a cheaper deal and hope to cash in later.
The Pacers are considering an offer for Hornets forward Miles Bridges, but Fischer says it’s not clear if Indiana is ready to hand out such a large contract. Fischer adds that the Grizzlies have been considered a “sleeper candidate” due to the presence of Jaren Jackson Jr., his former college teammate, but sources tell Fischer that Memphis isn’t expected to pursue Bridges.

Hornets’ Bouknight Undergoes Hand Surgery

June 28th, 2022 at 4:31pm CST by Dana Gauruder

Hornets guard James Bouknight underwent surgery on Monday to repair a tendon in his fifth digit on his right hand, the team announced in a press release.

Bouknight will not participate in the summer league next month.

The 11th pick of last year’s draft, Bouknight had a disappointing rookie campaign. He only made 31 appearances last season, averaging 4.6 PPG and 1.7 RPG in 8.9 MPG. He missed games due to wrist, neck and elbow injuries.

He also had a sideline altercation with now former head coach James Borrego in early February.

The surgery was performed by Dr. Brandon Valentine at Novant Health Charlotte Orthopedic Hospital in consultation with Hornets team physician Dr. Marcus Cook.

Miles Bridges, Collin Sexton Among Players Receiving QOs

June 28th, 2022 at 3:29pm CST by Luke Adams

The Hornets have issued qualifying offers to a pair of forwards, officially making Miles Bridges and Cody Martin restricted free agents, according to Roderick Boone of The Charlotte Observer.

Bridges’ qualifying offer is worth $7,921,300 as a result of him meeting the starter criteria in 2021/22. That one-year offer is essentially a placeholder, giving the Hornets the ability to match any offer sheet Bridges signs as a free agent. He could accept the QO, but will likely receive a far more lucrative long-term contract — perhaps even a max deal.

Hornets president of basketball operations Mitch Kupchak expressed confidence in the team’s ability to re-sign Bridges today, telling reporters that “we’re going to bring him back.”

As for Martin, his qualifying offer is worth a more modest $2,228,276. He’s coming off a strong season as a rotation player in Charlotte and has earned a raise himself, albeit not one as substantial as the one Bridges will receive.

Bridges and Martin rank sixth and 29th, respectively, on our list of the top 50 free agents of 2022, and will each move up a spot when we officially remove Kyrie Irving.

Here are a few more qualifying offer updates from around the NBA:

The Cavaliers have extended qualifying offers to Collin Sexton and RJ Nembhard, making both players restricted free agents, according to Chris Fedor of Cleveland.com (Twitter links). Sexton’s QO will be worth $7,228,448 instead of $8,559,357 because his torn meniscus prevented him from meeting the starter criteria. Nembard’s QO is for a two-way deal with a small partial guarantee.
The Raptors made qualifying offers to both of their two-way free agents, Justin Champagnie and David Johnson, tweets Blake Murphy of Sportsnet.ca. Toronto has reportedly agreed to a two-way deal with Ron Harper Jr., which would leave only one two-way slot for Champagnie or Johnson, so perhaps the team plans to promote one of them to a standard contract.
The Raptors also continued their annual tradition of submitting a qualifying offer to French guard Nando De Colo, who has been out of the NBA since 2014 and continues to play for Fenerbahçe in Turkey, Murphy notes. There’s no indication De Colo will ever return to the NBA, but if he does, the 35-year-old’s RFA rights would be controlled by Toronto. The qualifying offer projects to be worth $2,011,516, based on a $122MM cap.