6:04pm: The Hawks have officially announced that they have picked up the fourth-year options on both players.
5:43pm: The Hawks have announced that they’ve exercised their 2016/17 rookie scale options on Tim Hardaway Jr. and Dennis Schröder, Chris Vivlamore of The Atlanta Journal-Constitution reports (Twitter link). Both players will be entering their fourth NBA season in 2016/17.
Hardaway, 23, was acquired by Atlanta in a draft day deal with the Knicks this offseason. He is set to earn $2,281,605 next season, the final one of his rookie contract. The swingman appeared in 70 contests for the Knicks during the 2014/15 campaign, averaging 11.5 points, 2.2 rebounds, and 1.8 assists in 24.0 minutes per contest. Hardway’s shooting line was .389/.342/.801.
Schröder, 22, was the No. 17 overall pick in the 2013 NBA Draft. He has appeared in 126 contests since arriving in Atlanta, notching averages of 7.5 points, 1.5 rebounds, and 3.3 assists to accompany a slash line of .417/.326/.797. The German born point guard is set to earn $2,708,582.