The Charlotte Hornets are one of a few teams with very little cap space this offseason. They're probably not going to make any splash signings because they can't (and the free agent class isn't terribly strong). But that's not the only aspect of their financial situation this year.
Per NBA insider Eric Pincus of Bleacher Report, the Hornets' overall money situation is "uptight." He chose that word to describe how the Hornets are positioned, which is fairly accurate. Pincus said their cap space flexibility is low, but their tax flexibility and second-round power are both high.