Forward Nicolas Batum has agreed to a five-year, $120 million deal to re-sign with the Charlotte Hornets, according to a league source.
The versatile Batum, 27, was traded to Charlotte last offseason after spending his first seven seasons with the Portland Trail Blazers.
He averaged 14.9 points, 6.1 rebounds and 5.8 assists to help the Hornets go 48-34 and qualify for the playoffs, a 15-win improvement from the previous season.