A person with knowledge of the details says Michael Carter-Williams has agreed to a one-year contract with the Charlotte Hornets.
The former Rookie of the Year will get $2.7 million to join All-Star Kemba Walker as Charlotte's point guards, the person told The Associated Press on Saturday. The person was spoke on condition of anonymity because the deal cannot be official until the NBA's free agent moratorium ends Thursday.
Carter-Williams was the league's top rookie playing for Philadelphia in 2014 but hasn't matched that success after being traded to Milwaukee and then spending last season with Chicago. He averaged 6.6 points while limited to 45 games because of injuries and the Bulls' crowded backcourt.
The deal was first reported by The Charlotte Observer.