CHARLOTTE, N.C. — Lance Stephenson is bringing his swag to Charlotte.
The controversial shooting guard has agreed to a $27 million, three-year deal with the Hornets, according to a person familiar with the contract. 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 press conference Friday.
Stephenson wrote on Twitter: “Indy, I had a great 4 years. Thank you Larry Bird, the fans, my coaches and teammates for the incredible experience. I will never forget any of you! I now have to look to the next phase of my career and the wonderful opportunity to continue to grow as a player and as a person in Charlotte! I’m excited to play for this franchise and the fans!! (hash)buzzcity.”
Stephenson met with Hornets owner Michael Jordan and other members of the organization Tuesday night in Las Vegas to make sure he was a good fit before agreeing to the deal.
The Pacers had offered Stephenson a five-year, $44 million contract but he chose to sign for fewer years.
“While we tried our best to come to the best possible terms for both sides, there was not sufficient flexibility in the terms of the contract, particularly the length of the contract,” his agent Alberto Ebanks said in a statement. “Lance will miss the city, the team and the mentor who helped transform him into the dynamic player he has become.
“He looks forward to making a strong contribution and beginning a new chapter with the Charlotte Hornets.
“Lance is forever grateful for all the love he’s received from Pacers fans. He is especially grateful to his teammates, Frank Vogel, Herb Simon, the Pacers management and most of all, Larry Bird.”