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Hornets set to hire Brooklyn Nets executive as new president of basketball operations

Mitch Kupchak’s replacement has been found.

The Charlotte Hornets have zeroed in on Brooklyn Nets assistant general manager Jeff Peterson and are working toward an agreement to hire him as their next president of basketball operations, league sources confirmed to the Observer on Thursday. He’ll be tabbed to replace Kupchak, who’s moving into an advisory role after serving as the team’s president of basketball operations/general manager since 2018.

Peterson’s name has been connected with Charlotte dating back to the summer when word began first surfacing through the NBA’s back channels that Kupchak could be out after the 2023-24 season, especially if the Hornets didn’t turn things around and end the league’s longest playoff drought, which is at eight years and counting.