The Charlotte Hornets have exercised their 2022-23 rookie scale team options for LaMelo Ball and P.J. Washington. It's the third-year option for Ball and the fourth-year option for Washington.

Ball averaged 15.7 points, 5.9 rebounds, 6.1 assists and 1.6 steals as a rookie. Ball has gotten off to a bit of a slow start as a sophomore, but he's been a main driving force in the Hornets surprising start to the 2021-22 season.

Ball will be under contract for $8.6 million for 2022-23. The Hornets hold another team option for 2023-24 for Ball's fourth season.

In his two-plus NBA seasons, Washington has averaged 12.4 points, 6.0 rebounds and 1.0 blocks per game. Washington has also proven to be a good floor-spacer, as he's shot 37.7% from behind the arc.

Washington will be under contract for $5.8 million for 2022-23. Washington will then be eligible for restricted free agency in the summer of 2023.

The Charlotte Hornets and Miles Bridges were unable to agree to an extension prior to the deadline and he will become a restricted free agent in the offseason. Bridges has so far had a breakout season as one of the NBA's better young wings.

Mikal Bridges signed a four-year, $90 million extension with the Phoenix Suns.

"When he was in negotiations for his extensions a couple of weeks ago, I'm told the Hornets' baseline offer was four years, $60 million," said Brian Windhorst. "Which is $15 million per year. If you look at what Mikal Bridges, which we've compared him to during his career, got... which some people in the league feel is an overpay."

"I think he would have gotten it from somebody next summer," said Tim MacMahon.

"Obviously once that deal is signed, [Miles] cannot sign for $30 million less. We can debate on where they were."

Based on how Miles Bridges has played to start the season, he will be in line for a contract closer to what Mikal Bridges signed as opposed to Charlotte's extension offer.

Miles Bridges and Stephen Curry have been named the NBA's Players of the Week for Week 1 (Oct. 19-24).

Bridges averaged 25.0 points and 8.0 rebounds as the Charlotte Hornets went 3-0.

Curry averaged 31.0 points, 9.0 rebounds and 7.0 assists as the Golden State Warriors also went 3-0.

The Charlotte Hornets have waived forward Wes Iwundu.

Iwundu appeared in four games for Charlotte during the preseason, averaging 0.8 points and 1.8 rebounds in 11.0 minutes per game. A four-year veteran, he has accrued averages of 4.3 points and 2.4 rebounds in 16.8 minutes per game in 223 career contests, including 50 starts. Iwundu was originally acquired by the Hornets from New Orleans on Aug. 7 as part of a three-team trade along with a protected 2022 first-round draft pick and cash considerations.

The Charlotte Hornets have signed LiAngelo Ball to a non-guaranteed deal.

Ball will play for Charlotte's G League affiliate the Greensboro Swarm.

Ball was previously slated to enter the G League draft, but now his rights will be retained by Charlotte.

LiAngelo Ball is signing a contract in the NBA G League for the 21-22 season and will enter the Oct. 23 draft.

Ball is a candidate for the Charlotte Hornets' G League franchise in Greensboro.

Ball averaged 9.6 points and 2.0 rebounds out 34.5 percent three-point shooting over five games for the Hornets in Summer League. 

Ball is the 22-year-old older brother of LaMelo Ball. 

The Charlotte Hornets waived guard D.J. Carton and wing Xavier Sneed. Charlotte then signed guard Jalen Crutcher and forward Cameron McGriff.

Carton was signed in early-August after playing in 2021 Las Vegas Summer League with the Hornets. He did not appear in any preseason games.

Sneed also played in Summer League with Charlotte. He was signed in late-September and did not appear in any preseason games.

Crutcher went undrafted out of Dayton at the 2021 NBA Draft. He played in Summer League for the Milwaukee Bucks.

McGriff went undrafted out of Oklahoma State at the 2020 NBA Draft. He spent the 2020-21 season playing in Belgium.

All four players are eventually expected to land with the Greensboro Swarm of the G League as Affiliate Players.