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Posey agrees to four-year deal with Hornets - NBA

Blazersedge found this 7/16/2008 on sports.espn.go.com

LAS VEGAS -- The reigning NBA champions are about to lose their glue guy. James Posey , arguably the most coveted unrestricted free agent left on the market, agreed to a four-year deal with the New Orleans Hornets on Wednesday worth an estimated $25 million, his agent, Mark Bartelstein, said. Because of future luxury-tax concerns, Boston was apparently reluctant to offer Posey, 31, more than a ...