Sneed, 24, went undrafted out of Kansas State in 2020 and has since played a regular role for the Greensboro Swarm, the Hornets’ G League affiliate. His solid play in the NBAGL earned him a 10-day contract with the Grizzlies last December and a two-way deal with Utah in February. Sneed appeared in nine games with the two teams last season at the NBA level, logging just 39 total minutes.
While Sneed’s two-way contract with the Jazz included a second season, Utah opted to waive him last month. Based on his new agreement with the Hornets, it seems likely that Sneed will head back to Greensboro as a returning rights player this season — his Exhibit 10 deal will put him in line for a bonus worth up to $50K on top of his G League salary if he spends at least 60 days with the Swarm.