The Charlotte Hornets will sign Kobi Simmons to a Two-Way contract.

In 32 games with the Greensboro Swarm, Simmons has averaged 18.2 points, 3.8 rebounds and 4.0 assists in 31.8 minutes.

Simmons last played in the NBA during the 18-19 season.

The Charlotte Hornets have signed Xavier Sneed to a 10-day contract. 

Sneed averaged 12.5 points, 4.7 rebounds and 2.3 assists per game in 31.2 minutes per game across 32 contests (all starts) with the Greensboro Swarm this season. 

The Charlotte Hornets already rough season continued to get a little rougher on Thursday. Charlotte lost guard Terry Rozier III and wing Kelly Oubre Jr. to injuries during the team's loss at the New Orleans Pelicans.

Rozier exited the game in the first half due to right foot soreness. Oubre also left the game in the first half, leaving due to a right shoulder strain. Neither player returned for the second half.

In addition to losing Rozier and Oubre, the Hornets were without backup guard Dennis Smith Jr. for most of the second half. Smith left the game in the third quarter due to an illness.

The Hornets started the game without starters LaMelo Ball, Mark Williams and reserves Cody Martin, James Bouknight and Theo Maledon. That left Charlotte head coach with only seven healthy players to finish the game.

Nick Richards and the Charlotte Hornets have agreed to a three-year, $15 million extension.

Richards will avoid restricted free agency this offseason.

Richards was the 42nd overall pick out of Kentucky in the 2020 NBA draft and has averaged 7.9 points, 6.1 rebounds and 1.1 blocks in 18 minutes per game this season.

LaMelo Ball said that his goal was to be ready for next season's training camp on Monday, speaking to reporters for the first time since undergoing season-ending ankle surgery on March 1.

"It's tough. I mean probably annoying just going through it, but I'm still alive and stuff like that, so you can't really be too mad. Just go through the rehab, do that whole process and try to come out on top," said Ball.

Ball played just 36 games due to ankle injuries this season.

Ball added that he was still unsure whether he would wear ankle braces next season.

"I haven't really looked into that yet. I gotta see how I feel first when I come back. Then I will make a decision."

Michael Jordan is in talks to sell a majority stake of the Charlotte Hornets to a group led by Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall.

No deal is imminent but there's significant momentum on a sale.

Jordan is expected to remain with a minority stake in the franchise. Jordan has been the league's only Black majority owner.

Jordan paid $275 million for a majority stake in the franchise in 2010. Jordan sold a significant minority stake to Plotkin, founder and chief investment officer of Melvin Capital, and Daniel Sundheim, founder and chief investment officer of D1 Capital, in 2020. Sundheim is part of the group working to purchase the team.

There is no definitive timetable for Mark Williams' return from a sprained right thumb this season, according to Roderick Boone of the Charlotte Observer.

Boone adds that Williams' status for the rest of the season is "murky."

“It’s just going to be kind of watching and waiting to see how he feels. I don’t think we really have a great idea how long it’ll be as of right now," said Steve Clifford.

Williams is averaging 8.2 points and 6.4 rebounds in his rookie season.

LaMelo Ball is set to miss the rest of the season after undergoing surgery to repair a fracture in his right ankle, the Charlotte Hornets announced on Wednesday.

Ball suffered the injury on Monday night against the Pistons.

The 21-year-old played just 36 games this season. 

Ball is expected to make a full recovery.