Hornets Pick Up Option On Greivis Vasquez

October 29 2012 at 3:15pm CDT By Luke Adams

The Hornets have exercised their 2013/14 option on Greivis Vasquez, according to John Reid of the Times Picayune. However, Reid confirms that the team will not pick up '13/14 options for Al-Farouq Aminu or Xavier Henry.

All three players are heading into their third seasons, meaning the Hornets had to decide on their respective fourth-year options. Vasquez, who figures to see increased playing time this season with Jarrett Jack having been traded to Golden State, will earn about $1.19MM this season and $2.15MM in 2013/14.

Aminu would have been in line for a $3.75MM salary next season, while Henry would have earned $3.2MM. Instead, both players will become unrestricted free agents at the end of this season. According to Reid, the Hornets may still be interested in re-signing both players, but want to keep their options open when it comes to cap space.

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