Hornets ink Hannes Steinbach to multi-year deal

A trade idea has New York sending Pacome Dadiet and Phoenix's 2029 second-round pick to Charlotte for 7-foot-1 center Ryan Kalkbrenner, with no reporting that the two sides have talked or that the Hornets are shopping him.

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.