Byron Scott and the New Orleans Hornets have agreed in principle to a contract extension.
Harold Kaufman, a spokesman for the Hornets, confirmed the deal on Wednesday but said he could not disclose the terms of the agreement.
Via Houston Chronicle
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The New Orleans Hornets are looking to lock up point guard Chris Paul with a long-term contract extension worth nearly $80 million over the next five seasons, according to The Times-Picayune.
The team's four-month window to negotiate an extension with Paul will open on July 1, as he enters the final year of his rookie contract.
New Orleans ownership has called locking up Paul their biggest priority this summer.
"We'll work it all out together through Chris and his representatives," general manager Jeff Bower said. "The great thing with Chris is he understands his priorities and his responsibilities. He'll keep everything in the proper perspective moving through the summer."
Via The Times-Picayune
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Hornets' Coach Byron Scott has the option to buy out the remainder of his contract and go to the highest bidder next season, but according to the Associated Press, the 2007-08 coach of the year wants to remain in New Orleans.
"I expect to be here," Scott said. "In my mind right now I hope to be here unless something crazy happens."
Scott, who makes around $3.5 million a season according to the report, is expected to receive a contract extension from the team which will make him one of the highest paid coaches in the league.
Via ESPN
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Hornets May 2008 Archive
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Andrew Perna/RealGM | May 19, 2008
San Antonio defeated New Orleans, 91-82, on Monday night to advance to the Western Conference Finals.
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The San Antonio Express-News | May 18, 2008
The Spurs will start Fabricio Oberto and Manu Ginobili in Game Seven against the Hornets on Monday night in New Orleans.
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Times-Picayune | May 17, 2008
David West is expected to play in Game 7 of the Hornets' Western Conference semifinal playoff series against San Antonio.
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Andrew Perna/RealGM | May 15, 2008
San Antonio forced a Game Seven back in New Orleans with a dominant win, 99-80, over the Hornets at home on Thursday night.
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The Times-Picayune | May 14, 2008
The NBA reportedly fined the New Orleans Hornets for an incident that took place between the first and second quarters in Game One of their semifinal series with San Antonio.
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TheTimes-Picayune | May 14, 2008
New Orleans' center Tyson Chandler claims that he will play in Game Six against San Antonio despite bruising his left foot in the fourth quarter on Tuesday night.
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Andrew Perna/RealGM | May 14, 2008
New Orleans cruised past San Antonio on Tuesday night, 101-79, thanks to a huge third quarter run to take a 3-2 series lead.
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Andrew Perna/RealGM | May 11, 2008
The San Antonio Spurs cruised past the New Orleans Hornets, 100-80, on Sunday night to even the series heading into Game Five on Tuesday night.
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AP | May 9, 2008
Tony Parker and Manu Ginoboli each scored 31 points on Thursday night to lead the Spurs to a Game 3 win, 110-99 over the Hornets.
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The Times-Picayune | May 7, 2008
Chris Paul, who finished a close second to Kobe Bryant in the NBA's MVP voting, said on Tuesday that the Lakers' guard is more than deserving of the award.
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San Antonio Express-News | May 6, 2008
The NBA is investigating the incident which delayed Game 1 between New Orleans and San Antonio.
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Andrew Perna/RealGM | May 6, 2008
Chris Paul scored 30 points as New Orleans used another strong second half to down San Antonio, 102-84, in Game Two on Monday night.
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AP | May 6, 2008
Chris Paul and Peja Stojakovic combined for 55 points on Monday night as the Hornets defeated the Spurs 102-84 to take a 2-0 lead in their semifinal series.
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Arizona Republic | May 4, 2008
Game 1 between New Orleans and San Antonio was delayed 19 minutes between the first and second quarters on Saturday night when a mascot stunt went wrong.
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Andrew Perna/RealGM | May 4, 2008
The New Orleans Hornets rallied back to defeat the San Antonio Spurs, 101-82, in Game One of their semifinal series on Saturday night.
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Christopher Reina/RealGM | May 3, 2008
Continuing their dominant regular seasons, Dwight Howard, Chris Paul and LeBron James are having terrific individual playoff performances.
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L.A. Times | May 2, 2008
It has taken 12 seasons and just as much criticism, but Kobe Bryant has earned his first league MVP award.
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The Times-Picayune | May 1, 2008
A lucrative contract extension is reportedly in the works for Hornets' Head Coach Byron Scott.