[AP] Hornets sign Peterson to offer sheet
http://slam.canoe.ca/Slam/Basketball/NBA/Toronto/2004/07/16/545733-ap.html
Hornets sign Peterson to offer sheet
Raptors have 15 days to match
NEW ORLEANS (AP) - Restricted free agent forward Morris Peterson
signed an offer sheet with the New Orleans Hornets on Friday,
giving the Toronto Raptors 15 days to match it.
The Hornets did not release the amount of the offer, citing club
policy. Peterson's agent, Rob Pelinka, said the deal was worth
$15 million over three years.
"I'm excited about the opportunity to play for New Orleans,"
Peterson said Friday night. "After Toronto didn't show a lot of
loyalty, I feel like New Orleans is giving me a fresh start with
a first-class organization."
Peterson played in every game for the Raptors last season, starting
29, and averaged 8.3 points and 3.2 rebounds.
In the 2000 NBA draft, he was Toronto's first-round pick, 21st
overall.
Uncertainty surrounds the small forward position in New Orleans
heading into next season because 2003 all-star Jamal Mashburn has
a right knee injury that kept him out of all but 19 games last
season. He sat out the playoffs last season, suggested the Hornets
may have mishandled his injury and said the pain may force his
premature retirement.
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