1:40 pm: The deal is official, according to a Hawks’ press release. As part of the deal, Atlanta will gain a $2.2MM trade exception that will expire one year from today.
8:49 am: The Hawks have agreed to send Mo Williams and cash considerations to the Nuggets in exchange for the rights to Cenk Akyol, Adrian Wojnarowski of The Vertical reports. Denver is expected to waive Williams upon arrival.
The point guard’s contract, which is worth $2.2MM, will get the Nuggets within $7.66MM of the salary floor. Wojnarowski notes that the move will save the team roughly $1.0MM in addition to the cash considerations Atlanta will send its way.
Williams hasn’t played this season and while he’s expressed interest in playing again, he hasn’t committed to making a return to the league. Akyol was selected in the 2005 draft but never came stateside. Wojnarowski notes that he’ll likely never play in the NBA.
First sentence should read “along with” not “in exchange for”, since all 3 of Mo Williams, Akyol, and cash went from ATL to DEN.
You are wrong, only Mo Williams went to Denver so the article is right.
U wrong the article states that the nuggets got mo Williams and cash consideration
The hawks got akyol and money and gave up mo
Nope. The Hawks gave up mo and money, and got Akyol.
I wish they wouldn’t waive him. It would be hilarious to see how many times he could get traded in one year without playing.
I don’t know what he was so salty about. He won a ring. Either play basketball for 2.5 million~ or shut up and retire and still collect 2.5 million~.
Hawks pay some cash (probably the remainder of Williams salary), so they get his full salary (2.5 MM) for purposes of the minimum team salary in effect for Akoyl. Hawks get the better end, as Williams comes off their cap for his entire salary. All teams under the minimum will need to make some deals at the deadline to avoid having to distribute the shortfall to its current players.