The New Orleans Hornets announced that they have picked up the option for the 2012-13 season for Xavier Henry and Greivis Vasquez.   

Henry (6-6, 220), is in his second NBA season after being selected 12th overall by the Grizzlies in the 2010 NBA Draft out of the University of Kansas. 

Vasquez (6-6, 211), is in his second NBA season after being drafted 28th overall by the Grizzlies in the 2010 NBA Draft out of the University of Maryland. In 17 games with the Hornets this season, he is averaging 5.6 points and 3.1 assists in 18.6 minutes of play.