Report: Charlotte Hornets to sign Lance Stephenson to three-year contract

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UPDATE 11:11 am: Lance Stephenson’s representative Alberto Ebanks released this statement to the Indy Star about the decision, which makes it seem it was less about the money and more about the years.

“Lance is forever grateful for all the love he’s received from Pacers fans. He is especially grateful to his teammates, Frank Vogel, Herb Simon. the Pacers management and, most of all, Larry Bird. While we tried our best to come to the best possible terms for both sides there was not sufficient flexibility in the terms of the contract, particularly the length of the contract. Reports throughout the negotiation process with Indiana have often strayed from the truth but suffice it to say that it was less about the money. Lance will miss the city, the team and the mentor who helped transform him into the dynamic player he has become. He looks forward to making a strong contribution and beginning a new chapter with the Charlotte Hornets.”

His teammates were not thrilled to hear the news they lost one of their team’s best players.

6:14 am: Michael Jordan’s team had built up a nice foundation in the East last season, but they needed to become more dynamic on offense to take the next step.

They just did that.

Or at least took a gamble on it — and if you’re in Charlotte you need to take a few gambles to bring in stars.

The Charlotte Hornets have landed the best free agent still on the market in Lance Stephenson, reaching a three-year deal with the unrestricted free agent from Indiana. Rick Bonnell of the Charlotte Observer broke the story basically in the middle of the night (early Wednesday morning, to be specific).

Other reports say this works out to three years, $27 million total (if the team picks up that third year). That is more per year than the five-year, $44 million offer Larry Bird and the Indiana Pacers threw at Stephenson. For Stephenson this new deal lacks the security or guaranteed money of the Indiana offer, but he had felt insulted by what he thought was a low-ball offer from the Pacers and was looking for someone else to step up. He found it. Sort of.

For Charlotte, they limit their exposure to the talented but immature Stephenson by keeping this a two-year deal if they don’t pick up the option.

This is a great fit on the court for the Hornets, who count on Kemba Walker at the point to create offense and Al Jefferson in the paint to put up numbers. Stephenson both brings another shot creator and a good defender to a team that made the playoffs last season based on its defense.

Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists a game last season and when on can both can create shots for himself and others with his attacking, aggressive style. He doesn’t tend to do it efficiently all the time and that aggressive style can turn wild and reckless. Then there’s also the guy that blows in LeBron James’ ear.

If he matures on the court, this could be the steal of free agency. If not, the Hornets can get out of this deal early.

The Pacers, already over the salary cap, are going to have a hard time replacing Stephenson’s shot creation. That was an at times stagnant offense that just got much more so. Larry Bird has some real work to do now.

WNBA suspends Riquna Williams 10 games for domestic violence

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NEW YORK (AP) The WNBA has suspended Los Angeles Sparks guard Riquna Williams 10 games for a domestic violence incident.

The WNBA handed down the suspension Tuesday. Williams was arrested on April 29 and charged with two felony counts, one involving the assault of an individual with whom she was in a relationship and the other involving a threat to another person with a firearm. Her criminal case is ongoing.

The league conducted its own investigation and consulted with a panel of experts in the field of domestic violence. Among other factors, the WNBA said it took into account the nature and seriousness of the allegations, including the involvement of a gun.

The WNBA also will require Williams to participate in counseling.

Williams’ suspension will begin with Thursday’s game against the Dallas Wings.

Report: Bulls signing Luke Kornet for guaranteed $4.5M over two years

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Just three 7-footers have averaged 3.5 3-pointers per game and made 35% of them each of the last two seasons:

The Bulls will now have most of them.

Markkanen is Chicago’s top young player. Kornet will join him with the Bulls next season.

Shams Charania of The Athletic:

I’m a little surprised Kornet got more than his minimum ($3,383,360 over two years). But it’s worth taking a flier on him.

In addition to his outside shooting, Kornet has shown good timing as a shot-blocker in two seasons with the Knicks. The 24-year-old must get stronger and improve as a rebounder to play major minutes.

But the Bulls won’t have to press him into action. They also have Thaddeus Young, Markkanen, Wendell Carter Jr., Daniel Gafford and Cristiano Felicio as bigs.

Pistons claim Christian Wood off waivers

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The Bucks waived Christian Wood late last season to ensure avoiding the luxury tax. The Pelicans claimed him. Wood had played well in limited minutes with the 76ers, Hornets and Bucks and in the NBA’s minor league since going undrafted in 2015.

New Orleans gave him his biggest opportunity yet. In 24 minutes per game over eight games, he averaged 17 points and eight rebounds.

But the Pelicans filled their roster for next season and waived Wood.

Detroit will take advantage.

Pistons release:

The Detroit Pistons announced today that the team has claimed forward/center Christian Wood off waivers.

Wood’s $1,645,357 minimum salary is unguaranteed until the regular season. So, Detroit could still waive him before the season. But it seems he’ll at least go to training camp and get a shot at a regular-season roster spot.

The Pelicans also could’ve kept him through the preseason then waived him before the regular season. They seemingly did him a favor of allowing him to get somewhere he has a realistic chance of sticking.

Blake Griffin and Andre Drummond will start in the frontcourt for the Pistons. Markieff Morris and Thon Maker appear to be first in line is backups.

But don’t be surprised if Wood earns playing time. At minimum, the 23-year-old should provide nice depth at both power forward and center.

The Pistons have also now acquired four members of last year’s Bucks – Tony Snell, Thon Maker, Tim Frazier and now Wood.

Knicks: Reggie Bullock has spine injury

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Reggie Bullock had his agreed-upon salary cut by more than half with the Knicks. He’ll reportedly miss at least a month of the regular season.

All because of a mysterious health issue.

The Knicks have finally disclosed what’s happening.

Knicks release:

Reggie Bullock underwent successful surgery today at the Hospital for Special Surgery in New York for a cervical disc herniation. The team will plan to provide an update on his rehab and progress around the start of training camp.

Bullock is a good shooter from the wing. New York could use him. Many teams could use him.

But Bullock must get healthy first.

At this point, we probably shouldn’t expect much from him any time soon. The best indication: how eagerly his agent praised the Knicks for their handling of this situation. Again, Bullock settled for less than half his initially agreed-upon salary.