BY ASSOCIATED PRESS
The Charlotte Hornets are working toward a multi-year contract extension with head coach and Albuquerque native James Borrego. There is an agreement in principle with Borrego, the Charlotte Observer and ESPN report.
Borrego, an Albuquerque Academy alumnus, is entering his fourth season leading the Hornets.
He had been entering the final season of his original four-year deal.
The team finished the 2020-21 season 33-39, and made the NBA’s play-in game despite dealing with a rash of injuries to key players late in the season. Before those injuries, at one point, the Hornets were fourth in the Eastern Conference standings.