- Marc Stein, ESPN Senior Writer
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Chicago-based agent Mark Bartelstein said Saturday that Head has reached an agreement with the Hornets.
Head, 27, will receive a two-year deal worth $2.3 million, with a player option going into the second season.
Head, a 6-foot-3 guard, played 47 games with the Indiana Pacers last season, averaging 7.6 points and 1.5 assists in 17.3 minutes a game.
Marc Stein is a senior NBA writer for ESPN.com.
Free-agent guard Luther Head is signing with the New Orleans Hornets, according to his agent.