Jeremy Lamb close to three-year, $21M extension with Hornets

The Charlotte Hornets are on course to sign swingman Jeremy Lamb to a contract extension for three years and $21 million before Monday's midnight deadline for such extensions, according to league sources.

The Hornets and Lamb are close to finalizing the deal.

The window for former first-round picks to sign contract extensions during the fourth and final year of their rookie contracts is two days longer than normal this season because the usual Oct. 31 deadline fell on a weekend.