The Hornets used some of their available cap space to re-sign reserve center Bismack Biyombo to a one-year contract worth $3.5MM, and also gave first-year salaries of $1.5MM to center Vernon Carey Jr. and $1MM to forward Nick Richards, Bobby Marks of ESPN tweets. Marks goes on to note that the Hornets, who still have about $4MM in available cap space, will also be able to use their $4.8M room exception to add an additional player if they so choose.
There’s more out of Charlotte:
- After forward Nicolas Batum signed a veteran’s minimum deal with the Clippers when the Hornets waived him, Charlotte stands to save $559,528 spread out over the three-year duration of his stretched contract, per ESPN’ s Bobby Marks (via Twitter).
- The robust $120MM, four-year contract of new Hornets forward Gordon Hayward has a 15% trade kicker baked into it, Michael Scotto of HoopsHype tweets. This would make the end of his deal, already thought to be exorbitant for a player with his injury history and age, even more expensive if he’s moved.
- Following a breakout scoring season with the Hornets in 2019/20, guard Devonte’ Graham is in favor of a more balanced offensive attack incorporating new additions Hayward and LaMelo Ball, even though that means Graham’s looks could decrease, Rick Bonnell of the Charlotte Observer reports.