1 overpaid and 2 underpaid players for the Charlotte Hornets in 2023-24

SACRAMENTO, CALIFORNIA - DECEMBER 19: Davion Mitchell #15 of the Sacramento Kings is fouled by Gordon Hayward #20 of the Charlotte Hornets as LaMelo Ball #1 of the Charlotte Hornets drives to the basket in the second half at Golden 1 Center on December 19, 2022 in Sacramento, California. 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 Lachlan Cunningham/Getty Images)
SACRAMENTO, CALIFORNIA - DECEMBER 19: Davion Mitchell #15 of the Sacramento Kings is fouled by Gordon Hayward #20 of the Charlotte Hornets as LaMelo Ball #1 of the Charlotte Hornets drives to the basket in the second half at Golden 1 Center on December 19, 2022 in Sacramento, California. 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 Lachlan Cunningham/Getty Images) /
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CHARLOTTE, NORTH CAROLINA – JANUARY 21: Gordon Hayward #20 of the Charlotte Hornets brings the ball up court against the Oklahoma City Thunder during their game at Spectrum Center on January 21, 2022 in Charlotte, North Carolina. 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 Jacob Kupferman/Getty Images)
CHARLOTTE, NORTH CAROLINA – JANUARY 21: Gordon Hayward #20 of the Charlotte Hornets brings the ball up court against the Oklahoma City Thunder during their game at Spectrum Center on January 21, 2022 in Charlotte, North Carolina. 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 Jacob Kupferman/Getty Images) /

Overpaid: Gordon Hayward $31.5 million

The initial idea to sign Gordon Hayward made sense for the Hornets. Bringing in a veteran with playoff experience could help the franchise take a step forward and be a valuable veteran presence on a team full of young players looking to improve from their disappointing 23-42 finish in the 2019-20 season. Even though Charlotte did improve by 10 wins each in the first two seasons with Hayward, last year went off the rails. Not exclusively for Hayward, but for pretty much everyone involved.

Hayward has seen his production decline in each season with Charlotte. Scoring has dropped in three consecutive seasons, from 19.6 to 15.9 and finally to 14.7 this past season. As expected, the made field goals have also dropped coinciding with the points per game, (7.1 in 2020-21, 5.8 in 2021-22, 5.5 in 2022-23). This is the natural progression of a player on the other side of 30, but the fact his salary is rising while his production is not is far from ideal.

Now in the fourth and final year of his four-year $120 million deal, Hayward’s salary comes in as the seventh-highest-paid small forward in the NBA for the 2023-24 season. The 33-year-old veteran is a good, but not great player with a career full of injuries and has never played more than 50 games during his Hornets tenure. Taking this into consideration and where Hayward is at this point in his career, this does seem like a bit much for the Hornets to be paying at this time. Perhaps they will field offers to move on from Hayward at some point during the season as they appear to be embracing younger players on the roster.