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Report: Hornets’ Michael Kidd-Gilchrist opting in for $13 million

Charlotte Hornets v Denver Nuggets

DENVER, COLORADO - JANUARY 05: Michael Kidd-Gilchrist #14 of the Charlotte Hornets plays the Denver Nuggets at the Pepsi Center on January 05, 2019 in Denver, Colorado. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Matthew Stockman/Getty Images)

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The Hornets’ last hope for super-maxing out Kemba Walker and avoiding the luxury tax without trading or stretching anyone has been extinguished.

With Michael Kidd-Gilchrist’s $13 million salary locked in for next season, Charlotte faces hard choices.

Shams Charania of The Athletic:

If the Hornets re-sign Walker to the super-max, sign their draft picks (Nos. 12, 36 and 52) and add no other free agents, they’d project to be about $9 million over the tax line.

Would Walker take that large of a discount? That $9 million below the super-max would be for just next season. Over a five-year contract with max raises, he’d be leaving about $54 million on the table. And that’s all to maintain a lottery team that’s not really upgrading.

Would Michael Jordan pay the tax? He never has, and I doubt this mediocre team sways him.

The most likely outcome if Walker re-signs: Charlotte trades an undesirable contract – Kidd-Gilchrist’s, Nicolas Batum’s, Marvin Williams’, Cody Zeller’s) – or stretches Bismack Biyombo. Trading those rotation players would probably require a sweetener. Stretching Biyombo would create a cap hit through 2022.

So, the Hornets get even more depleted in the long-term, maybe also the short-term.

That’s the cost of overpaying so many players – including Kidd-Gilchrist, who plays hard and defends well but hasn’t developed enough of an offensive game.