The Hornets are dismissing head coach James Borrego, sources tell ESPN’s Adrian Wojnarowski.

Borrego is just one year removed from signing a contract extension with Charlotte. After having his option for 2021/22 picked up, Borrego agreed to a new deal that reportedly tacked on at least two years to his previous contract. However, it appears the Hornets are letting him go before that contract even takes effect.

A former Spurs assistant, Borrego was hired to replace Steve Clifford in 2018. He led the team to a 39-43 record in his first year, then posted a 23-42 mark in year two after losing Kemba Walker in free agency.