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HORNETS NEWS

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Hornets Team Report (Yahoo! Sports)

<p><p>The Hornets finally closed a free-agent deal when they signed former Celtics swingman James Posey to a four-year, $25 million contract.</p> <p>Posey had expressed a preference for staying with the reigning NBA champions, but the Hornets got him by offering the fourth year that the Celtics wouldn't. Posey turns 32 during next season.</p> <p>The acquisition potentially gives the Hornets a few things they were looking for. They needed to bolster their bench and did so with a 6-foot-8 player who can guard shooting guards and big and small forwards.</p> <p>He's an effective three-point shooter on a team with effective three-point shooters in the starting lineup, but shaky ones off the bench..

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