The Charlotte Hornets announced today that the team will not extend the contract of General Manager Rich Cho.
Cho has been the GM in Charlotte since 2011, and the team has not performed well since then. Former Lakers GM Mitch Kupchak could be another candidate to join Peterson in the front office in some capacity. This signals the end for Cho who has been with the franchise since 2011. The Hornets will begin a search for a new general manager immediately.
Cho is now in the final year of his contract after the Hornets picked up his option for the 2017-18 season.
Changes could soon be in store for the Charlotte Hornets' front office. Prior to his stint in Portland, Cho spent the previous 10 seasons as assistant GM of the Seattle SuperSonics/Oklahoma City Thunder.
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Dwight Howard and Nicolas Batum lead the charge in payroll expenses, making $23.5 and $22.4 million each, while producing less-than-desirable numbers for their hefty paychecks - an issue Jordan will look to solve by making a GM switch this offseason.
"I want to thank Rich for all of his hard work with the Charlotte Hornets organization through the years and wish him and his family the best in the future", Hornets Chairman Michael Jordan said in a statement. It's worth noting that Peterson, Jordan and Kupchak are all former North Carolina Tar Heels.
Another possibility for Charlotte is Rockets executive vice president of basketball operations Gersson Rosas, according to the report.
Kupchak would bring a championship pedigree to the Hornets as he won two NBA Titles while with the Los Angeles Lakers.