Posey signs with Hornets

Basketball Betting Lines

07/23/2008 - New Orleans, LA (Basketball Betting) - The New Orleans Hornets signed free agent guard/forward James Posey on Wednesday. Per club policy, terms of the deal were not released.

The 31-year-old Posey played last season for the Boston Celtics and averaged 7.4 points and 4.4 rebounds. He also shot 38 percent from three-point range over his 74 games for the NBA champion Celtics. The Cleveland, Ohio native also won a league title with the Miami Heat in 2006.

"I am excited to be a Hornet, it was a coveted destination for me and I am glad that we were able to come to terms," Posey said. "I cannot wait to play alongside Chris Paul, David West, Tyson Chandler and so many other great players on this team."

Posey has career averages of 9.2 points and 4.9 boards over 663 games with Denver, Houston, Memphis, Miami and Boston.

"We are thrilled to sign James, he was a target of ours from the very beginning," general manager Jeff Bower said. "He brings experience, leadership, the ability to hit big shots and a championship mentality to our team."

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