The Charlotte Hornets are now exploring the possibility of signing Lance Stephenson.

The Hornets have previously signed Gordon Hayward and Marvin Williams this offseason. Hayward's offer sheet was eventually matched by the Utah Jazz.

The Hornets have enough cap space remaining to offer a starting salary at approximately $10 million per season.

The Indiana Pacers haven't budged from their offer of a four-year deal starting at $7 million.

Stephenson was an All-Star candidate this past season.