Photo: Charlotte Hornets/Twitter

Restricted free agent Miles Bridges has officially signed the $7.9 million Qualifying Offer from the Hornets, ensuring his return to the team for the upcoming 2023-24 NBA season. Previously it was reported that the player was looking for a $25 million per year deal.

The decision to bring Bridges back was influenced by various factors, including the resolution of the legal process, the NBA’s investigation, and Bridges’ commitment to counseling and community service.

Hornets President of Basketball Operations and General Manager Mitch Kupchak emphasized the importance of open and honest dialogue with 25-year-old small forward, who has expressed remorse, demonstrated personal growth, and pledged to prevent similar incidents in the future.

“I sincerely apologize for the pain, embarrassment and disappointment that last year’s incident caused so many people,” said Bridges. “Time away from the game allowed me to reflect, immerse myself in therapy and prioritize becoming a better person – someone my family and peers can be proud of.

“I’m grateful to the Hornets and the NBA community for giving me a second chance – most people don’t ever get one and I understand those questioning whether I deserve one. I will do everything I can to earn back the trust and confidence of my teammates, coaches, the Hornets organization and staff, fans, and the Charlotte community. I’m ready to return to work and can’t wait to rejoin my Hornets teammates.”

Throughout his career, Bridges has played 291 games, averaging 13.4 points, 5.6 rebounds, and 2.3 assists per game.