AP Source: Hornets agree to terms with Batum on 5/$120M deal

A person with knowledge of the situation tells The Associated Press that the Charlotte Hornets have agreed to terms on a five-year, $120 million deal with Nicolas Batum.

The two sides came to an agreement early Friday morning. The person spoke on condition of anonymity because the deal cannot be signed until July 7.

Batum made no secret of wanting to stay in Charlotte and play for coach Steve Clifford, who helped revive his career after Batum was acquired in a trade with Portland.

Batum averaged 14.9 points, 6.1 rebounds and 5.8 assists for the Hornets last season and resumed his role as one of the top two-way small forwards in the game.