The Charlotte Hornets have signed Mike Tobey.

Tobey, a four-year player at Virginia, saw action in 138 games during his career, posting averages of 6.8 points and 4.0 rebounds in 16.3 minutes per game. His .622 two-point field goal percentage ranked third in the ACC during the 2015-16 season. The 7-0 center tallied 11 outings of double-digit scoring and 15 games of five-or-more rebounds, including one double-double in his final collegiate campaign. He was named ACC Sixth Man of the Year following the 2014-15 season.

“We really liked what we saw in Mike during mini-camp and he continued to impress throughout Summer League,” Rich Cho said. “He is a talented young big man with a lot of potential and we look forward to seeing what he can do moving forward.”

In Summer League, Tobey averaged 10.0 points, 6.8 rebounds, 1.6 blocks and 1.0 steals in 20.8 minutes per game, tallying three games of ten-or-more points including one double-double. 

Michael Jordan has spoken out on the racial and social unrest impacting the United States, particularly in the African-American community and police officers.

Jordan has announced grants of $1 million each to two organizations working to build trust between law enforcement and the communities in which they work.

“As a proud American, a father who lost his own dad in a senseless act of violence, and a black man, I have been deeply troubled by the deaths of African-Americans at the hands of law enforcement and angered by the cowardly and hateful targeting and killing of police officers,” Jordan writes in a one-page letter released exclusively to The Undefeated. “I grieve with the families who have lost loved ones, as I know their pain all too well.

“I was raised by parents who taught me to love and respect people regardless of their race or background, so I am saddened and frustrated by the divisive rhetoric and racial tensions that seem to be getting worse as of late. I know this country is better than that, and I can no longer stay silent. We need to find solutions that ensure people of color receive fair and equal treatment AND that police officers – who put their lives on the line every day to protect us all – are respected and supported...

“We are privileged to live in the world’s greatest country – a country that has provided my family and me the greatest of opportunities. The problems we face didn’t happen overnight and they won’t be solved tomorrow, but if we all work together, we can foster greater understanding, positive change and create a more peaceful world for ourselves, our children, our families and our communities.”

Jordan has donated to the presidential and senatorial campaigns of Barack Obama, former New Jersey Sen. Bill Bradley’s 2000 presidential campaign.

For two decades, Jordan has been saddled with a quote attributed to him by an anonymous friend in former Chicago Tribune NBA writer Sam Smith’s 1995 book, The Second Coming, that he didn’t support Gantt because “Republicans buy sneakers, too.” In a later book, Smith said it was a joke, not a political statement and that he felt badly about the backlash Jordan received. 

The NBA is on the brink of moving the 2017 All-Star Game out of Charlotte.

North Carolina recently passed a law limiting anti-discrimination protection for gays, lesbians and transgender people.

New Orleans has emerged as the frontrunner to host the game.

The Charlotte Observer expected the All-Star Game to inject $100 million into the economy.

Jeremy Lin compared signing a three-year, $36 million deal with the Brooklyn Nets to investing in a startup company.

Lin was raised in Palo Alto, which is located in the center of Silicon Valley.

"The way I was thinking of free agency was like when you invest in a startup company," said Lin. "You don't necessarily look at the product right then and there. That is a big part of it, you're kind of betting on the founder a lot of times. You're betting on what that person is capable of doing, because sometimes as you go through the process, the final product is going to change a lot. That's very common in startups and I feel like that's kind of how this is.

"I'm betting on certain people, I'm betting on Kenny (Atkinson), I'm betting on Sean (Marks), I'm betting on myself, I'm betting on Brook Lopez. I'm betting on the way I feel. If I didn't feel like this has a chance to go where I want to go, then I wouldn't have signed up for it. Yeah, right now and last season if you look at last season, we weren't where we wanted to be, but it's a process and it's a challenge. I believe in what we're capable of becoming. We're not there right now, but we all know that, but that's the thing."

Lin signed a two-year, $4.3 million deal with a player option last offseason with the Charlotte Hornets.

Christian Wood has agreed upon a two-year deal with the Charlotte Hornets.

The second season of Wood's deal is a team option.

Wood played well for the Philadelphia 76ers in Summer League.

The 76ers waived Wood in January in order to sign Elton Brand.

The Charlotte Hornets and Brian Roberts have agreed upon a contract for the veteran's minimum.

Roberts was traded by the Hornets in February and he finished the season with the Portland Trail Blazers.

Roberts also spent the 14-15 season with the Hornets.

Roberts will be Charlotte's third point guard behind Kemba Walker and Ramon Sessions.

Roy Hibbert has agreed upon a one-year, $5 million with the Charlotte Hornets. 

Hibbert played this past season with the Los Angeles Lakers.

Ramon Sessions has agreed to sign a two-year, $12.5 million deal with the Charlotte Hornets.

Sessions will help the Hornets replace Jeremy Lin as their backup point guard behind Kemba Walker.

Sessions signed with the Washington Wizards last offseason.

Marvin Williams has agreed upon a four-year, $54.5 million deal to re-sign with the Charlotte Hornets.

Williams had offers for more money from other teams but he loved playing for the Hornets and the deal gives the front office more flexibility.

Ian Mahinmi will not return to the Indiana Pacers after they've acquired Thaddeus Young via trade and signed Al Jefferson.

Mahinmi had a breakout season for the Pacers and is receiving interest from the Washington Wizards, San Antonio Spurs, Minnesota Timberwolves, Charlotte Hornets, Dallas Mavericks, Portland Trail Blazers and Orlando Magic.

Mahinmi will turn 30 at the start of the upcoming season.