HoopsHype Rich Cho rumors

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April 18, 2015 Updates

Nine months ago the Charlotte Hornets agreed to pay Lance Stephenson $18 million guaranteed over two seasons. Friday general manager Rich Cho was asked if he considers that a mistake. “It didn’t work out as we expected it to,” Cho said. “I don’t want to look backwards, I want to look forward. I expect Lance to work hard this off-season and have a better season next year.” Stephenson struggled all season, going from a starter to a reserve to a player briefly outside the rotation. Stephenson said Thursday his 17 percent from 3-point range was “terrible,” adding that his self-confidence took a hit. Charlotte Observer

April 17, 2015 Updates

Hornets general manager Rich Cho says the Lance Stephenson signing last summer "didn't work out as we expected it to." Cho, speaking at his end-of-season press conference Friday, says when Charlotte signed Stephenson to a three-year, $27 million contract last offseason, "We thought it would work out a lot better." USA Today Sports

Stephenson is under contract for next season and the Hornets have a team option for 2016-17. Cho expects "Lance to work hard this offseason and have a better year next year." USA Today Sports

February 10, 2015 Updates
October 30, 2014 Updates
September 29, 2014 Updates

Charlotte Hornets General Manager Rich Cho said Monday the team felt compelled to react quickly to small forward Jeff Taylor’s arrest by separating him from all team activities. “We felt as an organization we it was important to react decisively and quickly. It was an organizational decision,” Cho said at a news conference. “We worked with the NBA throughout this whole process. “We take domestic violence as a vey serious matter.” Charlotte Observer

June 18, 2014 Updates
June 13, 2014 Updates

Rod Higgins didn't have long to serve as Charlotte Hornets president of basketball operations. Higgins stepped down from his duties as the top basketball decision-maker of the newly rebranded Hornets in a move announced by the team at 12:22 a.m. ET Friday. The news release came shortly after Game 4 of the NBA Finals had ended, an unusual move without much clarification offered for the abruptness. Rich Cho will remain general manager and assume responsibility for the team's basketball operations. He will report to Jordan and Vice Chairman Curtis Polk. "I would like to thank Rod for his seven years of dedication to this organization," Hornets owner Michael Jordan said in the release. "Rod has been a consummate professional throughout his time with the team. Thanks to his hard work and commitment, we have an improved roster and we are poised for success in the future. Rod was of great help to me as I navigated my first four years as majority owner of this franchise. I wish him all the best." USA Today Sports

Rod Higgins is out as head of the Charlotte Hornets basketball operations. In an odd and ill-timed press release, the Hornets announced past midnight Friday that president of basketball operations Rod Higgins has “stepped down” two weeks before the Hornets make the ninth, 24th and 45th picks in the draft. Higgins has effectively run the Bobcats/Hornets basketball ops since June of 2011. He was a key figure in the decisions to sign free agents Al Jefferson and Ramon Sessions. Charlotte Observer

"I would like to thank Rod for his seven years of dedication to this organization," said Charlotte Hornets Chairman Michael Jordan. "Rod has been a consummate professional throughout his time with the team. Thanks to his hard work and commitment, we have an improved roster and we are poised for success in the future. Rod was of great help to me as I navigated my first four years as majority owner of this franchise. I wish him all the best." NBA.com

September 24, 2013 Updates
July 18, 2013 Updates
July 16, 2013 Updates
July 10, 2013 Updates

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