PJ Washington Receives Hornets $8.5M Qualifying Offer, Will Change into RFA

The Charlotte Hornets extended a qualifying offer to forward P.J. Washington on Wednesday, which is able to get him a restricted free agent.

The offer supplies the Hornets the draw to take a look at any offer sheet Washington receives in free agency. Per Spotrac, the offer is worth $8.5 million if no settlement is reached.

Washington has spent his first four seasons in Charlotte after being a foremost-spherical decide within the 2019 NBA draft. He averaged a occupation-high 15.7 aspects and 4.9 rebounds all around the 2022-23 season.

The Hornets have maintained a fixed desire to preserve the 24-365 days-veteran, and the 3-and-D specialist acknowledged he would favor to remain in Charlotte. That is also enchanting to judge if the group is willing to pay the many designate to build him once a host has been established.

Michael Scotto of Hoopshype reported the Hornets were willing to give Washington an extension worth four years and $50-52 million. Nonetheless, it be believed Washington used to be pushing for $20 million on an annual foundation.

It be unlikely Washington receives one thing nearing that quantity, in particular as groups tighten their financial belts below the contemporary collective bargaining settlement. Charlotte can also terminate up desiring to return up on its offer, however Washington will not be going to get unparalleled above the $12.2 million midlevel exception within the contemporary financial panorama.

The Kentucky product is nowhere discontinuance to a celeb, however he brings glue-man vitality to the floor and may perhaps perhaps perhaps play in in actuality any lineup. He’s a occupation 36.6 p.c three-level shooter and has a huge physique at 6’7″ and 230 pounds, making him ready to defend the 3 and 4 positions.

There will not be any scarcity of systems Washington can fit in with a bunch, which makes him notion to be one of presumably the most easy below-the-radar free-agent targets.