The Hornets have traded Terry Rozier for a first-round pick and Kyle Lowry

By Jeremy Grandison

January 23, 2024 (updated)

Photo: Kurt Shackelford / CLTure

The Charlotte Hornets have agreed to trade Terry Rozier to the Miami Heat for a future first-round pick and Kyle Lowry. The Hornets will land Lowry and a 2027 protected first-round pick, which could move to an unprotected pick should it convey in 2028. 

Rozier was dealt to the Hornets in 2019 in a sign-and-trade deal that sent Kemba Walker to the Boston Celtics. He’s been with the team for five seasons, and has been one of the leaders of the franchise during his tenure. Rozier leaves Charlotte with the fifth most points in Hornets history, totaling 5,974 points in 298 games, according to Stat Muse. He averaged 20 points, 4.3 rebounds, 4.7 assists and 1.2 steals in a Charlotte Hornets uniform, and signed a four-year, $96 million contract extension in 2022. 

“I want to thank Terry for all his efforts since coming to Charlotte. On the court, he was a true professional and a great competitor who set a positive example for our young players, said Hornets General Manager Mitch Kupchak in a statement. “The acquisition of a future first-round pick provides us an asset as we look to build long-term sustainable success around our young core of talented players.”

This transaction comes with little surprise to Hornets fans, as Charlotte firmly plants its flag as sellers, rather than buyers as the February 8 trade deadline approaches. The Hornets currently sit in 13th place in the Eastern Conference, seven games back of Atlanta for the 10th (Play-In) spot. 

Veteran guard and NBA Champion (2019 Toronto Raptors), Kyle Lowry will join the Hornets, but it remains unclear if he will finish the season in Charlotte. The Hornets will likely work on another deal to move Lowry’s expiring contract before the deadline.

The Hornets seem intent on building around their young nucleus of LaMelo Ball, Brandon Miller, and Mark Williams, looking for prospects and draft compensation that match the timeline of their most promising players. The trade will also open up more minutes for rookie guard Nick Smith Jr.

This trade could be the first of many moves likely to happen before the deadline, as Gordon Hayward, PJ Washington, Nick Richards, and Cody Martin are desirable assets for contending teams around the NBA. 

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