Mangok Mathiang signs two-way contract with Charlotte Hornets

Terrific news for former Cardinal Mangok Mathiang, who has signed a two-way contract with the Charlotte Hornets. This according to Rick Bonnell of the Charlotte Observer.

Former North Carolina star Marcus Paige was also signed to a two-way deal.

Here’s a breakdown of exactly what that means from our friends over at At The Hive:

For those unfamiliar, two-way contracts allow teams to sign two players with less than four years of experience to contracts where they will spend most of their time in the NBA G-League, but can be called up to the NBA for up to 45 days. It means Paige and Mathiang will spend most of the season with the Greensboro Swarm, but the Hornets can call them up should an injury occur or if the team wants to see how they fare in the NBA for a brief stint. It gives the Hornets incentive to invest in players that need developing without having to give up a regular roster spot, which means the 14th and 15th spots on the roster can go to more NBA-ready players.

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The details of their contracts are unknown at this point, but two-way contracts run between one and two years, and players can make up to $279,000 per season, which far exceeds the $75,000 the highest paid G-League player not on a two-way contract can make.

While Mangok still has a few hurdles to go in order to be the 14th or 15th member of the Hornets organization for this season, this is still a big step in the right direction. Congrats to Mangok.