The New Orleans Hornets could not reach an contract extension agreement with Eric Gordon before Wednesday night's deadline, making the guard a restricted free agent following the season. New Orleans reportedly made a hard run at Gordon as negotiations went down to the wire, but were unsuccessful, leading to a degree of uncertainty that will play out over the summer months.
The news comes from Marc Spears of Yahoo!
Hornets didnt reach terms with guard Eric Gordon on a contract extension and he will be a restricted free agent this summer NBA sources say.— Marc J. Spears (@SpearsNBAYahoo) January 26, 2012
Spears added that the Hornets did get clearance from the league to offer a long-term deal, but were unable to work things out on Wednesday.
Hornets offered 4-year deal to Gordon after getting NBA clearance Tues. Expect Pacers to make run at the Indianapolis native in off-season.— Marc J. Spears (@SpearsNBAYahoo) January 26, 2012
It's interesting to see the Pacers already floated as a potential destination, but Gordon's unwillingness to sign a long-term deal would seem to signal his desire to move-on following the season.