Free agent Gordon Hayward is expected to sign a four-year, $120 million contract with the Charlotte Hornets, according to ESPN’s Adrian Wojnarowski.
In order to create the cap space for the deal, the Hornets are expected to waive Nicolas Batum.
Earlier in the week, Hayward opted out of a $34 million player option for the 2020-21 season, opting to seek a longer-term deal elsewhere.
The Knicks were reported to have interest in Hayward, but according to SNY’s Ian Begley, they were unlikely to offer a four-year contract to the 30-year-old wing.
Begley has also reported that the Knicks have interest in Kentavious Caldwell-Pope. They had also looked at restricted free agent Malik Beasley, before he agreed to return to the Timberwolves.