Marc Stein of ESPN is reporting that the Hornets are exploring trading Lance Stephenson after his playing only 23 games for the team. A highlight:

One factor that could ultimately lead to a deal, despite Stephenson’s ragged and discouraging start, is the fact that the three-year, $27 million deal he received over the summer from Charlotte owner Michael Jordan is only guaranteed through next season. The third year of the deal is not guaranteed, which theoretically enhances Charlotte’s chances of finding another team willing to gamble ?on the mercurial swingman.

Sources say that the Hornets are not in a move-him-at-all-costs mode with Stephenson but made it clear that Charlotte is ready now to abandon the experiment if a palatable deal presents itself.

Stephenson has quickly proved to be a poor fit alongside the Hornets’ established core twosome of Al Jefferson and Kemba Walker, shooting 38.9 percent from the floor overall and 8-for-48 percent on 3-pointers during Charlotte’s 6-17 start.

You can read the rest of Stein’s article here.