Shooting guard Josh Okogie was officially let go by the Charlotte Hornets just hours before his $7.75 million salary for the 2025-26 season was about to become fully guaranteed, according to Brett Siegel of ClutchPoints.
The Hornets had previously pushed back the guaranteed date past June 30 to look into possible trade options. President of basketball operations Jeff Peterson's failed efforts to find a trade led Charlotte to part ways with the Georgia Tech product.
Okogie joined the Hornets midway through last season in a trade that sent center Nick Richards to the Phoenix Suns.