AUGUST 24: The Hornets have officially signed Rozier to his extension, the team announced today in a press release.
“In his two seasons with the Hornets, Terry Rozier has been an instrumental part of our team,” president of basketball operations Mitch Kupchak said in a statement. “Terry is a highly competitive, tough and talented player that has continually improved all aspects of his game. He has provided leadership and an infectious work ethic that has been a tremendous benefit to our younger players. Terry is an important member of our young, talented team and we are thrilled to have him as a member of the Hornets organization for years to come.”
The deal, which locks up Rozier through the 2025/26 season, is guaranteed and is for the maximum amount the Hornets could have offered before the 27-year-old reached free agency, according to Charania. That means it’ll start at about $21.49MM in 2022/23 (120% of Rozier’s $17.91MM salary for ’20/21) and will be worth approximately $96.26MM over four years.
Acquired by the Hornets in the sign-and-trade deal that sent Kemba Walker to Boston in 2019, Rozier had enjoyed the two best seasons of his NBA career in Charlotte. In 2020/21, he established new career highs in PPG (20.4), APG (4.2), and FG% (.450), among other categories.
Rozier has also become a reliable threat from beyond the arc, knocking down 39.6% of his 7.5 three-point attempts per game in 132 total contests for the Hornets. He shot three-pointers at a lesser rate (35.4%) on a lesser volume (3.5 attempts per game) during his four years with the Celtics.
Rozier’s play and the emergence of Rookie of the Year LaMelo Ball made the Hornets willing to part with Devonte’ Graham in free agency this summer. Rozier and Ball will lead a talented backcourt that also includes free agent addition Ish Smith and 2021 lottery pick James Bouknight.
A total of seven veteran players have now agreed to contract extensions since the new league year began, with Rozier joining Stephen Curry, Kevin Durant, Joel Embiid, Jimmy Butler, Julius Randle, and Marcus Smart. Three players – Luka Doncic, Trae Young, and Shai Gilgeous-Alexander – have also finalized rookie scale extensions, as our tracker shows.