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Hornets Will Not Extend Contract Of General Manager

The Charlotte Hornets will not extend the contract of general manager Rich Cho and will begin the process of searching for a replacement, according to a team announcement.

The Hornets (24-33) are currently 10th in the Eastern Conference at the All-Star break and finished 36-46 last season. The team has gone 212-321 since Cho took over as general manager in 2011 and has had two winning seasons during his tenure.

"I want to thank Rich for all of his hard work with the Charlotte Hornets organization through the years and wish him and his family the best in the future,” Hornets Chairman Michael Jordan said in a statement. “Rich worked tirelessly on behalf of our team and instituted a number of management tools that have benefited our organization. We are deeply committed to our fans and to the city of Charlotte to provide a consistent winner on the court. The search will now begin for our next head of basketball operations who will help us achieve that goal.”

In a statement, Cho said it was a privilege to lead the Hornets.