New Orleans Hornets sign Mustafa Shakur

Mustafa Shakur will have another chance in the NBA. The New Orleans Hornets have signed the 26-year-old guard, who finished last season in the Oklahoma City Thunder without appearing in a single game. Shakur also played for the Tulsa 66ers during the 2009-10 season, averaging 19.0 points, 6.7 assists and 4.5 rebounds per game in the last D-League.

SOURCE: The Times-Picayune

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Toronto Raptors agree to send Marco Belinelli to the New Orleans Hornets in exchange of Julian Wright

According to ESPN, the Toronto Raptors and the New Orleans Hornets have reached to an agreement that will send the 24-year-old Italian forward Marco Belinelli, in the Raptors since last season, to the Hornets, in exchange of the 23-year-old forward Julian Wright, who would move to Toronto after playing during his first three seasons as a professionals in New Orleans.

SOURCE: Twitter Marc J. Stein

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Four NBA teams agree to a deal involving five players

The Houston Rockets, the New Orleans Hornets, the Indiana Pacers and the New Jersey Nets are working on a four-team deal that would involve five players. The agreement would send Trevor Ariza from the Rockets to the Hornets, Darren Collison and James Posey from the Hornets to the Pacers, Troy Murphy from the Pacers to the Nets, and Courtney Lee from the Nets to the Rockets.

UPDATE: The deal is done, according to Yahoo! Sports

SOURCES: ESPN, Yahoo! Sports

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New Orleans Hornets re-sign Aaron Gray

Aaron Gray will continue in the New Orleans Hornets, where he arrived last January via trade from the Chicago Bulls. The NBA franchise have officially announced an agreement to re-sign Gray. The 25-year-old center played last season 24 games with the Hornets, averaging 3.6 points and 3.8 rebounds per game

SOURCE: Insidehoops

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Luther Head won't play for the New Orleans Hornets due to physical issues

Despite the agreement between the New Orleans Hornets and Luther Head days ago, the 27-year-old guard won't finally be signed by the NBA franchise. Head, who played last season for the Indiana Pacers, had some problems during his physical examination with the team, which finally withdrew the contract offer to the player.

SOURCE: Insidehoops

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New Orleans Hornets and Luther Head agree to a two-year, $2.3 million deal

The New Orleans Hornets and Luther Head have reached to an two-year agreement, worth $2.3 million, with a player option for the second season. The 27-year-old guard played last season for the Indiana Pacers, averaging 7.6 points and 1.5 assists per game. Previously, Head has been also a member of the Houston Rockets and the Miami Heat.

SOURCE: ESPN

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Peja Stojakovic will retire in the NBA

Despite some rumors weeks ago about a possible comeback to Europe, Peja Stojakovic has no intention to play anywhere else but in the NBA. The 33-year-old forward, who is playing in the NBA since 1999, told in a basketball camp in Greece that he will retire there. Last season, Stojakovic averaged 12.6 points and 3.7 rebounds per game for the New Orleans Hornets.

SOURCE: Basketnet

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New Orleans Hornets send Morris Peterson and the rights to Cole Aldrich for two first-round picks

The New Orleans Hornets and the Oklahoma City Thunder have reached to a deal that will send Morris Peterson and the rights of the recently drafted Cole Aldrich, from the University of Kansas, in exchange of the upcoming 21th (Craig Brackins, from Iowa State) and 26th (Quincy Pointdexter, from Washington) picks of the first round.

SOURCE: Twitter Adrian Wojnarowski, Twitter Draft Express

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Monty Williams, officially new head coach of the New Orleans Hornets

As expected, the New Orleans Hornets have hired Monty Williams as the new head coach of the team. The 38-year-old coach worked during the last five seasons as an assistant of Nate McMillan in the Portland Trail Blazers, and previously with the San Antonio Spurs. This will be the first experience of Williams as a head coach.

SOURCE: Insidehoops

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Monty Williams will be the new coach of the New Orleans Hornets

The New Orleans Hornets will sign Monty Williams to a three-year contract to be the new head coach of the NBA franchise. Williams, currently an assistant coach in the Portland Trail Blazers, was the second choice after Tom Thibodeau decided not to accept the offer from he Hornets. Thibodeau would prefer to take over the Chicago Bulls.

SOURCE: Yahoo! Sports

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Peja Stojakovic won't leave New Orleans to play in Greece

Despite the rumors coming from Greece about a possible departure of Peja Stojakovic from the New Orleans Hornets to play for Panathinaikos, the Serbian forward doesn't have any intention of leaving the NBA. Stojakovic, who is set to earn $14.3 million in his final year in the Hornets, would need a large buy-out to consider play in Europe.

SOURCE: ESPN

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Panathinaikos could be close to sign a NBA player

Panathinaikos could be close to land an important NBA star, still not revealed, for the next season. The Greek powerhouse, according to the Greek media, wants to repeat the experience of signing former NBA players like Dominique Wilkins or Byron Scott. One of the candidates could be Peja Stojakovic. The 32-year-old Serbian guard, now in the the New Orleans Hornets, played in Greece for PAOK Thessaloniki between 1994 and 1998, and could decide to terminate his contract with the Hornets to finish his career in Europe.

SOURCES: The Player, Basketnet

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New Orleans Hornets make an offer to Tom Thibodeau

Tom Thibodeau could be the next coach of the New Orleans Hornets. According to ESPN, the NBA franchise have already made an offer to the current assistant of Doc Rivers in the Boston Celtics. The answer of Thibodeau, though, could have to wait until the end of the playoff, where the Celtics are fighting to win a spot for the NBA Finals.

SOURCE: ESPN

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Tom Thibodeau and Monty Williams, top candidates to be the next coach of the New Orleans Hornets

The New Orleans Hornets have reduced the list of candidates to replace the still GM Jeff Bower as the head coach of the team to two names. The assistants of the Boston Celtics, Tom Thibodeau, and the Portland Trail Blazers, Monty Williams, are currently the front-runners for the Hornets' coaching job.

SOURCE: The Times-Picayune

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Former NBA player Mark Jackson, another candidate to coach the New Orleans Hornets next season.

Mark Jackson, one of the best point guards in the last two decades in the NBA, will try to fill the vacancy left by Jeff Bower in the bench of the New Orleans Hornets. The 45-year-old former player, now a TV analyst, would have his first experience as a head coach if the Hornets decide to hire him instead of the other candidates.

SOURCE: The Times Picayune

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Doug Collins, Jeff Van Gundy and Avery Johnson, among the main candidates to coach the New Orleans Hornets

The New Orleans Hornets are considering several candidates to replace Jeff Bower, who stepped down as the team head coach. The three high-profile names on the top of the list are Doug Collins (former Bulls and Pistons coach, now a TV analyst since 2003), Avery Johnson (former Mavericks coach until 2008) and Jeff Van Gundy (former Knicks and Rockets coach, also a TV analyst since 2007). Other names on the list are former Nets coach Lawrence Frank, and current assistants Dwane Casey (Mavericks), Tom Thibbeau (Celtics), Monty Williams (Blazers) and Mike Budenholzer (Spurs)

SOURCE: ESPN

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Jeff Bower steps down as the New Orleans Hornets head coach

The New Orleans Hornets are officially looking for a new head coach, after Jeff Bower left the bench of the NBA franchise. Bower, who took over after the firing of the former coach Bryan Scott, will keep his job as General Manager of the Hornets, which failed to qualify for playoffs this season.

SOURCE: NBA.com

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New York Knicks could try to make an offer for Chris Paul

The signing of a point guard is one of the main targets of the New York Knicks for the next postseason, and are planning to talk with the New Orleans Hornets for Chris Paul. The Knicks could offer, among other assets, forward David Lee (via sign-and-trade) in exchange of the point guard. The Hornets are reported to be "in love" with the Knicks player.

SOURCE: New York Post

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Peja Stojakovic considers to be back to Europe in two years

The Serbian forward Peja Stojakovic, currently playing for the New Orleans Hornets, doesn't rule out the idea of finishing his career in Europe in two years, when his contract in the NBA expires. The 32-year-old player, currently the best paid in the Hornets roster, also admited that he won't be back to the Serbian National Team.

SOURCE: ACB.com

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New Orleans sign Jason Hart to a 10-day contract

After being shocked by the injury of Chris Paul, New Orleans Hornets have found a temporary replacement in veteran guard Jason Hart. The franchise have signed Hart to a 10-day contract to add depth to their backcourt. Hart was waived in December by Phoenix Suns after being traded there from Minnesota Timberwolves.

SOURCE: Insidehoops

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