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Hornets exercise option on Paul, Armstrong...
The Hornets extended a fourth-year option on Chris Paul's current three-year contract Sunday that keeps him from becoming a free agent.
Had the Hornets allowed the league-mandated deadline to pass this Wednesday without granting the option, Paul would have become a restricted free agent next summer.
But Hornets General Manager Jeff Bower never had intentions of allowing that to happen, even through the Hornets could have matched any offer extended to Paul to retain him. Earlier this month, Bower said they planned to extend Paul's option.
"Chris has exceeded all expectations both on and off the court since we drafted him, and we're pleased to have him officially under contract through the 2008-09 season," Bower said in a statement.
The Hornets also exercised the third-year option on backup center Hilton Armstrong's two-year, rookie-scaled contract that he signed after New Orleans selected him as the 12th overall pick in the first round of the 2006 NBA Draft.
Link
No big surprise here.
Last edited by girllovesthegame : 10-28-2007 at 11:14 PM.
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