The Hornets appear unlikely to re-sign free agent point guard Jannero Pargo at this point in the offseason, according to The Times-Picayune.

Mark Bartelstein, Pargo's agent, said Monday that the Hornets, "Don't seem interested in signing (Pargo) at this point. I don't think he'll be back with them at this point."

New Orleans GM Jeff Bower declined to comment on the negotiations on Tuesday.

The Spurs appear to have emerged as the front-runner to land Pargo.