Nicolas Batum and the Charlotte Hornets have agreed upon a five-year, $120 million deal

Batum will have a player option in the fifth year of the contract.

Batum was the franchise’s primary priority this offseason, and team executives traveled to Dallas to meet him and his agent, Bouna Ndiaye, once free agency began. 

The Hornets acquired Batum a year ago in a trade with the Portland Trail Blazers.

RealGM's Grading the Deal on Batum re-signing with the Hornets.