Larry Hughes would like to sign with the Bobcats, according to a source. Hughes was waived this week by the Kings.

Hughes played in Philadelphia for Bobcats coach Larry Brown and worked with Bobcats general manager Rod Higgins when Higgins was in management roles in Washington and Golden State.

Signing Hughes would cost the Bobcats about $240,000 the rest of the season, a number that would still keep them below the threshold to pay the NBA's luxury tax.