Charlotte Hornets

The Charlotte Hornets are exercising the $3.8 million team option on guard Pat Connaughton.

Fantasy Impact: Connaughton will return to Charlotte for another season. He'll remain a veteran shooter off the bench for a Hornets roster making moves this offseason.

The Charlotte Hornets are trading Miles Bridges, a 2029 first-round pick and a 2027 second-round pick to the Phoenix Suns for Grayson Allen, Royce O'Neale and a 2033 first-round pick. (Source: Shams Charania on Twitter)

Fantasy Impact: The Hornets continue to make moves after already trading LaMelo Ball. Bridges should slide right into a starting spot at forward for Phoenix.