Bucks Eyeing New Deal For Jason Terry?

With Spencer Hawes‘ contract waived and stretched, the Bucks are once again below the tax line and have a little added flexibility to sign a player or two. According to Gery Woelfel of The Racine Journal Times (Twitter link), a new deal to bring back free agent guard Jason Terry may be the next move for Milwaukee.

Woelfel has written about Terry’s free agency a couple times since the offseason begins, having noted back in June that the veteran had interest in re-signing with the Bucks. In July, Woelfel reported that Terry had received interest from other NBA teams, including a Western Conference club that made him a contract offer. However, a return to Milwaukee still may be in the cards.

Terry, who will turn 40 in two weeks, joined the Bucks for the 2016/17 season and was a solid part-time contributor for the club, averaging 4.1 PPG and 1.3 APG with a .427 3PT%. Terry’s veteran leadership and championship experience also make him appealing to team like the Bucks, whose core players are fairly young.

With Hawes no longer on the roster, the Bucks have 13 guaranteed contracts that total approximately $115.3MM. The tax line is at $119.266MM, so if Milwaukee signs Terry to a minimum salary deal and carries one more player on a minimum contract, the club would remain below that threshold.