NBA Rumor: Charlotte Hornets Sale?

8 rumors in this storyline

More Rumors in this Storyline

“I’m excited to welcome Gabe and Dan as my partners in Hornets Sports & Entertainment,” said Michael Jordan. “While I will continue to run the Charlotte Hornets, make all decisions related to the team and organization, and remain the team’s NBA Governor, Gabe and Dan’s investment in the franchise is invaluable, as we continue to modernize, add new technology and strive to compete with the best in the NBA. Both Gabe and Dan are industry standard-setters and proven leaders, with a belief in philanthropy and a passion for the game of basketball. They share my commitment to Charlotte and the Carolinas, and I look forward to working with and learning from them.”
More HoopsHype Rumors
September 27, 2021 | 8:29 am EDT Update
After weeks of conversation with James, Davis and then-Lakers forward Jared Dudley, who emerged as a sort of consigliere to the Lakers’ superstars in these meetings, Westbrook believed he was on his way to L.A. For years he had angled to get home, and now everything was lining up for it to finally happen. There was only one problem: The Lakers’ efforts to complete the fairytale had been repeatedly stymied by the Wizards’ refusal to make Westbrook available because, sources said, they still planned on moving forward with the Westbrook-Beal backcourt. Westbrook, for his part, would have played out the remaining two seasons on his deal if a trade hadn’t materialized. “No one thought that Russ would get out,” said one source close to the discussions.
On Sunday, the Lakers reached agreement on a two-year deal with guard Austin Reaves, converting his two-way contract to a standard NBA deal ahead of training camp. The Lakers will have a team option on the second year of Reaves‘ contract, sources said. Reaves, a 6-foot-5 combo guard, has impressed the Lakers throughout the offseason and had a strong showing at James’ minicamp. James and Westbrook even had the rookie conduct some fun-loving errands throughout the weekend in Vegas.
Sources said Pelinka and his front-office group strongly considered executing a sign-and-trade for the 32-year-old DeRozan, giving up Kuzma and Caldwell-Pope in the process, but couldn’t come to consensus terms with the Spurs in free agency or a suitable contract number for DeRozan. What’s more, sources say the DeRozan option never advanced to the point that it was presented to Buss.