Hornets extend offer to Devonte' Graham, let Malik Monk go

The Charlotte Hornets announced Sunday they extended a qualifying offer to guard Devonte' Graham, making him a restricted free agent.

But they did not do the same with guard Malik Monk, letting him become an unrestricted free agent.

The Hornets will be allowed to match any offer sheet that Graham signs. The 26-year-old Raleigh native has spent all three seasons of his NBA career in Charlotte.

Graham averaged 14.8 point