Hornets ink Christian Anderson Jr. to multi-year deal

Denver agreed to a two-way contract with Ryan Nembhard on Wednesday, ESPN's Shams Charania reports. The Denver Post's Bennett Durando reported that KJ Simpson was waived to make room for him.

Charlotte announced the signing of Wyatt Fricks on Monday. The undrafted forward averaged 15.7 points and 5.7 rebounds last season at Marshall. The Hornets also waived Rob Dillingham the same day.

Charlotte is waiving Rob Dillingham a day after acquiring him, ESPN's Shams Charania reports, ending an unusually brief tenure before he played a game for the team.