<div class='quotetop'>QUOTE </div><div class='quotemain'>Agent Mark Bartelstein said Hornets guard Jannero Pargo opted out of his contract by Monday's deadline and is an unrestricted free agent. Backup center Melvin Ely will not pursue free agency, deciding against opting out of the final year of his deal. But it's unlikely the Hornets will re-sign Bonzi Wells, who was obtained in a trade with the Houston Rockets last February. Backup center Chris Andersen could return, but he likely will get interest from other teams. Ryan Bowen is not expected to be a sought-after free agent.</div> The Times-Picayune
