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Hornets Re-Sign Coby White to $74M Deal After LaMelo Trade

6/26/2026

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Summary

Coby White Re-signed

The Charlotte Hornets re-signed guard Coby White to a three-year, $74 million contract on June 25 2026, hours after trading All-Star point guard LaMelo Ball to Minnesota.
White, who posted 15.6 points per game in 21 contests after his February move from Chicago, will start at point guard in 2026-27.
Jeff Peterson said re-signing the North Carolina native gives Charlotte a key piece as it pursues its first playoff series win since 2001-02.

Summary

Hornets Cap-clear

The Hornets moved LaMelo Ball’s contract, freeing cap space for signings.
Kon Knueppel signed a three-year rookie deal and Miles Bridges a one-year contract, keeping payroll lean.
Brandon Miller’s May shoulder surgery casts doubt on his 2026-27 role.
The Ball trade brought Naz Reid and an unprotected 2033 first-round pick.
Officials said no long-term money remains, allowing the Hornets to chase a star.

History

Historical Context

After the NBA reinstated a league-wide salary cap in 1985 – now $123.655 million for 2022-23 – teams have routinely reshaped rosters to stay under the limit. In 1995-96 the Hornets trimmed payroll under owner Robert L. Johnson, and today the franchise repeats that approach by trading LaMelo Ball and signing Coby White to a $74 million deal, clearing space for a new core.

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Coby White Re-signed

The Charlotte Hornets re-signed guard Coby White to a three-year, $74 million contract on June 25 2026, hours after trading All-Star point guard LaMelo Ball to Minnesota.
White, who posted 15.6 points per game in 21 contests after his February move from Chicago, will start at point guard in 2026-27.
Jeff Peterson said re-signing the North Carolina native gives Charlotte a key piece as it pursues its first playoff series win since 2001-02.

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