President Larry Bird said he feels "really bad" about losing Lance Stephenson.
Lance Stephenson officially signed with the Hornets on Friday.
Lance Stephenson's representatives released a full statement on Wednesday thanking the Indiana Pacers after signing a 3-year deal with the Hornets.
The Hornets have won the Lance Stephenson sweepstakes, agreeing to a three-year, $27 million contract with the controversial guard.
The Hornets are reportedly considering the possibility of signing unrestricted FA Lance Stephenson.
If Houston elects to match the Mavs three-year, $46 million offer for Chandler Parsons, the Mavs will turn their attention to Lance Stephenson as a Plan B option.
The Mavericks are expected to pursue unrestricted free agent Lance Stephenson if the Rockets match their offer sheet on Chandler Parsons.
The Hornets are expected to aggressively pursue free agent SG Lance Stephenson, but he's also being sought after by the Mavericks and Pacers.
Unrestricted free agent Lance Stephenson has reportedly received interest from the Celtics.
The Lakers and Mavericks are interested in unrestricted free agent Lance Stephenson.
The Pacers spoke with Lance Stephenson on Friday and the two sides are no closer on an agreement than they were since Tuesday.
Lance Stephenson and the Pacers have reached an "impasse" in contract negotiations, as Stephenson isn't ready to accept the team's five-year, $44 million offer.
The Pacers will make re-signing Lance Stephenson a priority when free agency begins on July 1.
President Larry Bird said on Thursday that there's "no question" that Lance Stephenson wants to stay with the Pacers next season.