CHARLOTTE, N.C. -- A person familiar with the contract says free-agent shooting guard Lance Stephenson has agreed to a $27 million, three-year deal with the Charlotte Hornets.
The deal includes a team option for the third season.
The person spoke to The Associated Press on Wednesday on condition of anonymity because the deal has not yet been made public. The person says Stephenson is expected to be introduced at a news conference Friday.
Stephenson met with Hornets owner Michael Jordan and other members of the organization Tuesday night in Las Vegas. Stephenson is coming off his best NBA season, averaging 13.8 points, 7.2 rebounds and 4.6 assists per game. He led the league with five triple-doubles.
Charlotte turned its attention to Stephenson after Utah matched its offer to restricted free agent Gordon Hayward.