Hornets Sign Nick Richards To Three-Year Extension

7:32pm: The extension is official, the Hornets announced (via Twitter).

6:14pm: Nick Richards has agreed to a three-year, $15MM extension with the Hornets, tweets ESPN’s Adrian Wojnarowski. The deal was confirmed by Richards’ agents, Javon Phillips and Jared Mucha of Excel Basketball, Wojnarowski adds.

The 25-year-old center has established himself as a member of Charlotte’s rotation in his third NBA season by averaging 7.9 points, 6.1 rebounds and 1.1 blocks per game while shooting 62.3% from the field.

He has appeared in 58 of the team’s 73 contests, making five starts and playing 18.2 minutes per night. He’s coming off a career high 17-rebound performance Monday against the Pacers.

Richards has seen up an uptick in playing time since Charlotte sent Mason Plumlee to the Clippers in a trade deadline deal. He has even entered the Hornets’ starting lineup as of late, making his first five starts of the season since March 11.

The Hornets acquired Richards from New Orleans in a draft night trade after he was selected with the 42nd pick in 2020. He appeared in just 18 games as a rookie, spending much of the season in the G League, and played 50 games last season.

Richards, who is making $1.78MM this season, was nearing the end of his three-year contract, so the extension will prevent him from entering free agency this summer.

All three of the Hornets’ young centers are now under contract for multiple seasons. Kai Jones‘ rookie deal runs through 2025, while Mark Williams‘ expires in 2026.

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