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The Hornets waived former No. 2 overall pick Michael Kidd-Gilchrist and 15-year NBA veteran Marvin Williams on Saturday. The 6-foot-6 Kidd-Gilchrist was selected behind Kentucky teammate Anthony Davis in the 2012 draft, but he found himself out of Charlotte's rotation this season under coach James Borrego. The Hornets finished 7-59 in the 2011-12 season but wound up with the second pick in the lottery.
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