According to Shams Charania of Yahoo Sports, the Charlotte Hornets will not extend a qualifying offer to shooting guard Treveon Graham. This move ensures that the former VCU standout will hit the free agent market as an unrestricted free agent. If the Hornets had decided to give him a qualifying offer, Graham would’ve been a restricted free agent and the Hornets would’ve been able to match any offer sheet given to him.
In 90 games over the last two seasons, Graham averaged 3.7 points per game and shot 43.8 percent from 3-point range. My personal hope is that another NBA team signs the former undrafted free agent. He makes a lot of winning plays even though it may not show up in the box score. Although I still think he’d be coming off the bench, there simply may not be room for him in the rotation anymore.
As for the Hornets, their decision to let Graham become an unrestricted free agent means that his cap hold no longer counts against the Hornets cap space (even though it’s still a very small number regardless).
We wish Graham all the best and hope he lands somewhere else in the NBA next season.