Matt Carroll News: Carroll is working with the Hornets on a buyout of his contract, ESPN.com reports.

Carroll is working with the Hornets on a buyout of his contract, ESPN.com reports.

Carroll was traded to New Orleans on Tuesday after eight seasons in Charlotte. He hasn't yet reported to the team, and it doesn't sound like he will. If the buyout does end up happening, it's possible the 32-year-old signs with a contender.