Hornets Sign Gordon Hayward To Offer Sheet

THURSDAY, 7:58am: Hayward has officially signed the offer sheet, the Hornets announced via press release, starting the three-day matching period. The Jazz will likely wait all three days to match, tweets Jody Genessy of the Deseret News (Twitter link).

WEDNESDAY, 7:05am: It’ll be an offer sheet for the max that runs four years with a player option for the final season, reports Adrian Wojnarowski of Yahoo! Sports. It’ll also include a 15% trade kicker, Wojnarowski adds. The option and the trade kicker appear to be designed to dissuade the Jazz from matching, but the Jazz have been adamant that they will match, according to Wojnarowski.

Indeed, Utah has been so intent on matching any such deal that the Jazz consider the offer sheet a “non-issue,” a source tells Jody Genessy of the Deseret News (Twitter link). Several teams called the Jazz about a sign-and-trade for Hayward to see if there was some way of preventing them from matching, but the Hornets never did, Wojnarowski writes, and there’s no chance Charlotte and Utah will arrange a sign-and-trade at this point, Genessy tweets.

TUESDAY, 11:36pm: Gordon Hayward has agreed to a major offer sheet with the Hornets, tweets Rick Bonnell of the Charlotte Observer. Terms of the agreement haven’t been disclosed, although it’s highly likely that Charlotte is offering more than the four-year, $48MM deal that Hayward turned down from the Jazz last fall. As we noted earlier, the Hornets were content with their meeting with Hayward; however, Utah is expected to match any offer for the 6’8 forward.

Aaron Falk of the Salt Lake Tribune (via Twitter) notes that Hayward can’t officially sign anything until July 10th; at that point, the Jazz would have three days to match the offer, and Falk maintains that all indications so far is that they will.

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7 thoughts on “Hornets Sign Gordon Hayward To Offer Sheet

  1. Weekly42

    I don’t get this. Is Hayward really worth all of this? I know he’s a pretty athletic player and a decent shooter, but a max contract?

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  2. Nick Butler

    I think its an overpay but you have to do it to pry him away from utah

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  3. Z....

    so is Charlotte trying to rebuild the Utah Jazz? They need more shooting for sure, and that is expounded after losing McRoberts, who was also a playmaker for them. I was high on Hayward before this past season. I think it’ll be interesting to see what happens with this. If Utah matches, I would think the Hornets should go after Lance Stephenson. I feel like he would be a great fit. Deng is still out there as well.

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