NEW ORLEANS (AP) -Free agent guard Morris Peterson signed with the Hornets on Monday, joining New Orleans after playing the first seven years of his career with Toronto.
``Morris was our top free agent target this summer, so this is an exciting day for the team and our fans,'' Hornets general manager Jeff Bower said in a statement. ``He is a reliable veteran scorer who can stretch the defense with his 3-point range, which is exactly the role we were looking to fill.''
Peterson averaged 8.9 points and 3.3 rebounds in 71 games last season with the Raptors.

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