The Charlotte Hornets have reportedly declined Christian Wood’s team option for next season, according to Adrian Wojnarowski:
Sources: Charlotte has declined the team option on forward Christian Wood for the 2017-'18 season, making Wood an unrestricted free agent.— Adrian Wojnarowski (@WojVerticalNBA) April 17, 2017
Wood averaged 2.7 points and 2.2 rebounds per game this season, appearing in 13 games. He mainly played during the fourth quarters of blowout wins or losses, but did play as part of the rotation in a few games. His best performance was against Orlando, finishing with 14 points and five rebounds in 16 minutes of play.
Most of his time was spent with the Greensboro Swarm, where he averaged 19.6 points, and 10.1 rebounds per game, featuring in 18 games.
This news from Woj, however, isn’t that surprising. Wood showed small flashes of potential, but his game looked unpolished in most of his performances. While it would have been nice to see him participate in summer league, the Hornets did get an extended look at him in the D-League, and ultimately had to make a decision on whether or not to fully guarantee his contract next season. Set to make over $1.4 million next season, Charlotte opted to free up a bit of cap space. With his option declined, Wood will become an unrestricted free agent.
If my math is correct (it typically isn’t), declining Wood’s option puts the Hornets under the salary cap by about $900,000 or so. There are a few more options to approve or decline, so the Hornets could be potentially free up some more in the coming weeks.