The sign-and-trade settlement creates a $28.5 million commerce exception for the Celtics, the biggest in NBA historical past. The Celtics will get Charlotte’s draft choose provided that the Hornets end within the high 5 within the league subsequent season, so it is unlikely they may get something within the deal aside from unloading Hayward’s contract.
Hayward, 30, declined his $34.2 million participant possibility with Boston earlier this month, ending a tumultuous three-year run with the crew, then agreed to a four-year, $120 million take care of the Hornets.
“We’re thrilled to welcome Gordon and his household to the Hornets group and Charlotte,” normal supervisor Mitch Kupchak stated in an announcement. “Gordon is an NBA All-Star, a confirmed scorer and playmaker and a troublesome competitor that can match effectively into the wants of our crew. We imagine that his basketball expertise, NBA expertise and veteran management will make a constructive influence on our younger, gifted crew because it continues to develop.”
To assist make room for Hayward’s wage, Charlotte waived Nicolas Batum. The ultimate 12 months of his deal shall be stretched over the following three seasons as a yearly $9 million useless cap hit. The Hornets additionally waived ahead Ray Spalding.
Hayward, a 10-year NBA veteran, has appeared in 641 regular-season video games with 479 begins with the Jazz and Celtics, averaging 15.three factors, 4.Four rebounds and three.5 assists in 30.eight minutes per sport. The 6-foot-7 ahead has appeared in 29 postseason video games with 16 begins, averaging 15 factors, 4.6 rebounds and a pair of.9 assists in 33 minutes per sport.
ESPN’s Bobby Marks and The Related Press contributed to this report.