On the morning of August 19, The Athletic’s Shams Charania reported that the Charlotte Hornets have signed guard Terry Rozier to a four-year, $97M contract extension.
Charlotte Hornets guard Terry Rozier has agreed to a four-year, $97 million max contract extension, his agent Aaron Turner of @VerusTeam told @TheAthletic @Stadium. The guaranteed deal takes Rozier through the 2025-26 season.
— Shams Charania (@ShamsCharania) August 19, 2021
This was the maximum per-year value allowed under NBA salary cap rules for Rozier.