Kemba Walker has cashed out.
Marc Stein of ESPN.com is reporting that Hornets have agreed to a four-year, $48 million extension with guard Kemba Walker.
ESPN sources say the Charlotte Hornets and Kemba Walker have agreed to a four-year, $48 million contract extension
— Marc Stein (@ESPNSteinLine) October 28, 2014
Michael Jordan and Hornets brass had expressed a sense urgency in regards to getting a new deal done with Walker.
“I’d much rather get Kemba done before the season starts,” Jordan told the Observer Tuesday. “Ultimately that’s what I intend to accomplish. We’re in real conversations. I’m hopeful. Really hopeful.”
Charlotte had until October 31 to sign Walker to an extension as well.
Walker averaged 17.7 points, 6.1 assist and 1.2 steals per game last season, while leading the Hornets back to the playoffs.