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Hornets news: LaMelo Ball to sign max extension, Dennis Smith Jr. joins Brooklyn

LaMelo Ball is reportedly set to sign a five-year max contract extension with the Charlotte Hornets. The contract is reportedly worth $260 million, as The Athletic’s Shams Charania reported.

Just In: Charlotte Hornets All-Star LaMelo Ball is finalizing a five-year designated maximum contract extension that is worth up to $260 million, league sources tell @TheAthletic @Stadium.

— Shams Charania (@ShamsCharania) July 1, 2023

LaMelo, 21, was set to enter the final year of his rookie contract next season and would have entered restricted free agency had he been unable to agree a contract extension with the Hornets.