Saturday , Jul , 01 , 2006 C.Y. Ellis

Hornets, Stojakovic reportedly agree to five-year contract

=== Hornets, Stojakovic reportedly agree to five-year contract ===

Indianapolis, IN (Sports Network) – Peja Stojakovic barely had time to unpack
during his 42-game stay in Indiana, as the sweet-shooting guard reportedly
agreed to a five-year, $64 million contract with the New Orleans/Oklahoma City
Hornets on Saturday.

The contract cannot be signed until July 12, when the Indianapolis Star
reports the guard will officially join the Hornets.

Stojakovic, who is currently home in Greece, averaged 19.5 points and 6.2
rebounds in 40 regular-season games with Indiana last season. He only played
in two playoff contests because of a nagging right knee ailment.

Indiana now has nothing to show for shipping the volatile Ron Artest out of
town. Artest flourished in Sacramento, leading the Kings to the playoffs and
helping the club push the San Antonio Spurs to six games in the first round of
the Western Conference playoffs.