Last night, we reported on the possibility that Lance might not end up with the Pacers if they didn’t lock him in. Well, after an all-night negotiating session, the Charlotte Hornets have signed Lance Stephenson to a 3 year, $27 million deal. The Hornets will have a team option for the third season, giving them flexibility moving forward. Stephenson, on the other hand, will look to expedite future paydays after his perceived value was stunted following last season’s postseason quirkiness.
Larry Bird had offered a 5 year, $44 million contract to Lance, but refused to come off those terms. The Hornets were weak offensively at the shooting guard and small forward positions, so it looks like the Charlotte community will get their fair share of Lance Stephenson.
He was brilliant and erratic during the playoffs last year. I anticipate he’ll be more brilliant than erratic going forward. More coverage here.