Negotiations are progressing toward guard Julyan Stone being released from his contract with an Italian team so he can sign with the Charlotte Hornets.
A source familiar with the situation cautioned nothing has been signed yet. However, Stone could soon be available to be the Hornets’ third point guard behind starter Kemba Walker and backup Michael Carter-Williams.
Stone, 28, has played in the NBA with the Denver Nuggets and Toronto Raptors. The last three seasons he has played internationally (Turkey and Italy) and in the G-League, the NBA’s development league.
Stone played last season for Venice-based Umana Reyer Venezia, which won the Italian League.