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Charlotte Hornets

Hornets lock in Kidd-Gilchrist with $52 million extension

Charlotte Hornets small forward Michael Kidd-Gilchrist might have made some more off his second NBA contract by waiting until he reached restricted free-agency next July. Instead he chose the security of a four-year, $52 million extension in a place and with a franchise that have become his home. "Why wait?" Kidd-Gilchrist said at a Wednesday news conference to formally announce the signing. "I'm learning from the best. I don't do this for the money." Perhaps not, but his second NBA contract will make the No. 2 overall pick in the 2012 draft fabulously wealthy. Also Kidd-Gilchrist has some upside protection in the contract's terms. A source familiar with...

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