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AP Source: Hornets agree to terms with Batum on $120M deal

The Charlotte Hornets lived up to their word when they said re-signing Nicolas Batum was their top priority in free agency.

Batum agreed to terms on a five-year, $120 million contract with the Hornets Friday morning, a person with knowledge of the situation told The Associated Press. The person spoke on condition of anonymity because the deal cannot be signed until July 7.

The Frenchman gradually solidified himself as a superb two-way player over his first six seasons in Portland. But there was a major drop-off in production in his seventh season, and Trail Blazers GM Neil Olshey shipped him to Charlotte for Noah Vonleh and Gerald Henderson before last season.

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