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Hornets sign Lance Stephenson to 3yr/27m contract.


Jakob

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Can't believe it! Wow.

 

The Charlotte Hornets will sign Lance Stephenson to a 3-year contract, the last season a team option, the Observer has learned.

— Rick Bonnell (@rick_bonnell)

July 16, 2014

Sources: Lance Stephenson accepts 3 yr, $27 million deal with Charlotte

— Chris Broussard (@Chris_Broussard)

July 16, 2014
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I was skeptical as well with no link but.....

Lance Stephenson will sign a 3-year, $27M deal with the Charlotte #Hornets, as reported by the Charlotte Observer.

— NBAonSTC (@NBAonSTC)

July 16, 2014

Sources: Lance Stephenson accepts 3 yr, $27 million deal with Charlotte

— Chris Broussard (@Chris_Broussard)

July 16, 2014

#NBA - Lance Stephenson quitte les Pacers et rejoint les Hornets ! 27M$ sur 3 ans pic.twitter.com/QC6q3JCC77

— Yahoo Sport France (@YahooSportFR)

July 16, 2014

 

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I wonder if we trade Henderson or Neal. Hendo would clean 6M Neal would clear 3.25M

Is their anyone else to get? Might as well keep Hendo on as a good perimeter defender second unit guy. He didn't score enough from the 2 spot to be an amazing starter, but I'm really excited for him as one of the top bench guys.

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    • This is gonna be longest six weeks ever 
    • This 1000%.  Hey who wants to sign with the guy that couldn't even get his client the guaranteed contract of a 3rd round pick?  Lmao
    • I don't think it's any weird or unique clause, it's the offset language, same thing so many contract disputes are over. It just means that including it, if a player is cut and then signed by another team, the original team would be able to subtract how much they're getting paid by the new team from what they still owe him on their guaranteed money. For example, it's why Russell Wilson signed for the minimum last year with the Steelers as that was included in his Denver contract.  So if he signed with the Steelers for $1 million, he'd get $1 million less from the Broncos, if it was $2 million, he'd get $2 million less, basically he couldn't make any more money than he was already going to make, so you sign for the minimum to not take unnecessary cap room from your new team while giving extra cap room to your old one. The problem with trying to include it in rookie deals is that a team trying to include it, it says they think they don't really believe the player will make it 4 years with the team before they cut them.  And this usually comes up with one or two rookies in most seasons, the difference is it's usually handled much more quietly and not as public and ugly as this one. The other difference is that it's happening with the Bengals, which I believe I saw are one of the few (or only?) team that doesn't have protections for rookies in rookie and mini camps to be able to participate even if they haven't signed their contract yet.  The other teams have injury protections that allow them to still play, but the Bengals do not, which is also why this one is so public and ugly, as most the time this happens, the rookie is still participating in the rookie and subsequent mini camps, giving them more time to get the contract done before training camp when they'd then hold out.
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