Per Rod Boone of Sports Illustrated, the Charlotte Hornets have extended a qualifying offer of $4.74M to Devonte’ Graham and decided not to extend the qualifying offer to Malik Monk, who is set to be an unrestricted free agent.
#Hornets are not extending a qualifying offer to Malik Monk, making him an unrestricted free agent, per league sources. Monk's time with Charlotte is done.
— Rod Boone (@rodboone) August 1, 2021
#Hornets have extended a qualifying offer to Devonte' Graham, making him a restricted free agent, per league sources.