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The Kansas product was acquired by the Hornets on January 4 as part of a three-team trade involving the Grizzlies and 76ers.
The former Maryland standout was dealt to New Orleans in December.
The Wizards were just 51-130 under Saunders. The team won only 19 games the year before Saunders arrived and improved to 26-56 in 2009-10, but finished just 23-59 in 2010-11 before this season's abysmal start.
Saunders has also been the head coach at Minnesota and Detroit, and owns a career record of 638-526.
Augustin re-aggravated the injury during to the first quarter of Sunday's game at New Jersey.
Chicago, IL (Sportsbook Betting Lines) - Chicago Bulls forward Luol Deng will miss time with a torn ligament in his left wrist. Deng suffered the injury late in Saturday's game against the Bobcats. Team officials confirmed the injury on Tuesday.
In 18 games this season, Deng has averaged 15.9 points, 7.5 rebounds and 2.6 assists.
East Rutherford, NJ (Sportsbook Betting Lines) - New Jersey Nets forward Damion James underwent successful right foot surgery on Tuesday. He will miss the remainder of the season. The procedure, which was performed by Dr. David Porter at Indiana University Health Hospital in Indianapolis, involved the replacement of a screw in James' fifth metatarsal. He fractured the bone last season and originally underwent surgery on December 13, 2010.
The 26th-overall pick of the 2010 draft has career averages of 3.2 points, 1.5 rebounds and 11.9 minutes through 82 games with New Orleans and Memphis.
(Sportsbook Betting Lines) - All-Star forward Kevin Love will beat a Wednesday night deadline by signing a four-year, $62 million contract with the Minnesota Timberwolves, according to a report. He is expected to sign the deal Wednesday afternoon in Dallas before the Timberwolves' game against the Mavericks, the St. Paul Pioneer Press has reported.
Miami, FL (Sportsbook Betting Lines) - Chris Bosh scored a season-high 35 points and the Miami Heat won another game without Dwyane Wade, holding off the Cleveland Cavaliers, 92-85, on Tuesday. The Heat went 4-1 on a five-game homestand, playing each game without Wade as he deals with a sprained right ankle. They are 7-1 without the All-Star guard in the lineup this season.
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Season Adds Memphis In Magic
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Game Sparks Minutes Over Overtime
Kirovski Year Disable Claim At Hughes >>
Jersey Sabres Salvage Name From Dubnyk >>
All-star Break Recalls Florida With Sunday >>
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