Hornets-Bobcats Dealing - NCAA Basketball Betting

Citing the AP, NBA.com is reporting that the Charlotte Bobcats are about to trade Emeka Okafor to the New Orleans Hornets for Tyson Chandler.

The Charlotte Bobcats are listed at +240 to win the Eastern Conference next season while the New Orleans Hornets are listed at +1800 to do the same in the West

However, the Hornets also take on the last five years of an escalating, six-year, $72 million contract.

"We have a long-term option for us now at the center position and one we feel we can grow with," Bower said. "We looked at that as an asset, the fact that Emeka is under contract. ... It shows we are interested in improving and we are interested in competing in the Western Conference and we are willing to pay the price."

The Bobcats, meanwhile, unloaded that longer long-term commitment. Chandler would make $12.7 million in a player option in 2010-11, the final season of his deal.

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