The New Orleans Hornets signed 31 year-old James Posey to a four-year deal worth $25 million.
Because of future luxury-tax concerns, Boston was apparently reluctant to offer Posey, 31, more than a two- or three-year deal starting at the league’s mid-level exception (just under $5.6 million) in spite of Posey’s considerable contributions to the Celtics’ first championship since 1986.
Getting Posey would be a huge coup for the Hornets, who are coming off a breakthrough season and increasingly billed as a future power in the West with quality starters such as David West, Tyson Chandler and Peja Stojakovic surrounding face of the franchise Chris Paul.
In Posey, the Hornets have a good option to turn to when Stojakovic’s jumper isn’t falling. He can play either forward position and can knock down the three. I just hope the signing doesn’t hurt the development of Julian Wright.
