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Smith: Hornets Re-Sign UFA F Carl Landry
@carllandry24 has accepted the #Hornets contract offer sources say. More later.
— Jimmy Smith (@JimmySmith504) December 15, 2011
Jimmy Smith of the New Orleans Times-Picayune reports that the New Orleans Hornets have re-signed forward Carl Landry, citing sources. The Portland Trail Blazers had been one of the teams linked to Landry most consistently in rumors during recent weeks (months).
Marc Stein of ESPN.com reports that Landry earned a 1-year, $9 million deal. Ken Berger of CBSSports.com puts the figure at 1-year, $8.75 million. David Aldridge of NBA.com puts the deal at 1-year, $8.5 million. Portland had no immediate method to match that offer. Stein notes that the Blazers and New Jersey Nets were also finalists.
The Landry agreement comes one day after the Hornets traded All-Star point guard Chris Paul to the Los Angeles Clippers and less than a week after All-Star forward David West signed a 2-year, $20 million contract with the Indiana Pacers.
With unrestricted free agent guard Reggie Williams off the board after signing with the Charlotte Bobcats on Wednesday, that leaves unrestricted free agent guard Jamal Crawford and unrestricted free agent wing Josh Howard as the remaining targets that Portland has been linked to in recent days. A decision from Crawford, who is down to the Blazers and the Sacramento Kings, is expected fairly shortly.
Chris Haynes of CSNNW.com quotes Landry saying that the Blazers made him a multi-year, full Mid-Level Exception offer.
The deadline for using the amnesty clause to waive a player is Friday.
-- Ben Golliver | benjamin.golliver@gmail.com | Twitter

