Paul, Hornets agree to new 3-year, $68M deal

Chris Paul and the Hornets have reached a contract agreement that could keep the All-Star point guard with the team for at least the next four seasons. Lance Young, Paul′s agent, said Paul agreed Thursday to a three-year extension with a player′s option for a fourth year. The total value of the deal is $68 million. Paul has one season remaining on his current contract.