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Eastern Contract Details: Lowry, Birch, Heat, Dinwiddie, Niang, More

August 8th, 2021 at 4:30pm CST by Luke Adams

Kyle Lowry‘s new three-year, $85MM contract with the Heat is a standard increasing deal, starting at about $26.98MM and rising annually by 5%, tweets Keith Smith of Spotrac.

Based on Lowry’s 2021/22 salary, we now know the value of the traded player exception the Raptors created in their sign-and-trade deal with the Heat, tweets Blake Murphy of The Athletic. That TPE will be worth $4,832,848, which is the difference between Lowry’s new salary and the combined cap hits of Goran Dragic and Precious Achiuwa.

Murphy also confirms that Khem Birch‘s three-year, $20MM deal with the Raptors is a standard increasing contract with no options or partial guarantees — it eats up about $6.35MM of Toronto’s mid-level exception, leaving $3.187MM on that MLE.

Here are more contract details from around the East, courtesy of Smith:

As expected, the new deals for Max Strus, Omer Yurtseven, and Gabe Vincent with the Heat are each two-year, minimum-salary contracts with one year guaranteed and the second year non-guaranteed (Twitter link). P.J. Tucker, meanwhile, got a two-year, $14.35MM contract that uses $7MM of Miami’s mid-level exception in year one. Tucker’s second year is a player option (Twitter link).
Spencer Dinwiddie‘s three-year contract with the Wizards only has a base value of $54MM, rather than the previously-reported total of $60MM+ (Twitter link). The deal, which features unlikely incentives that could push its value higher, has a partial guarantee worth $10MM (of $18.86MM) in year three.
Georges Niang‘s deal with the Sixers came in at $6.765MM over two years, both of which are fully guaranteed (Twitter link).
Trae Young‘s five-year, maximum-salary extension with the Hawks includes a 15% trade kicker (Twitter link).
The numbers are also in for the finalized deals between Jarrett Allen and the Cavaliers (Twitter link), Bobby Portis and the Bucks (Twitter link), George Hill and the Bucks (Twitter link), and Danny Green and the Sixers (Twitter link), with no surprises among that group. As expected, Green’s second year is non-guaranteed and Portis has a second-year player option, while Allen and Hill have fully guaranteed salaries.

Kings Acquire Tristan Thompson In Three-Way Deal

August 7th, 2021 at 4:22pm CST by Dana Gauruder

AUGUST 7: The three-team trade is now official, the Kings, Celtics, and Hawks all announced today in press releases.

The 2023 second-round pick that the Hawks are sending to Boston originally belonged to the Trail Blazers and was shipped to Atlanta by the Clippers in the Lou Williams trade in March, according to Jared Weiss of The Athletic (Twitter link).

JULY 30: The Celtics are trading veteran big man Tristan Thompson to the Hawks for guard Kris Dunn, forward Bruno Fernando and a 2023 second-rounder, Adrian Wojnarowski of ESPN tweets.

However, Thompson isn’t staying with the Hawks. He’s being forwarded to the Kings, with guard Delon Wright going to Atlanta.

All the players in the three-way deal have expiring contracts. Thompson will make $9.7MM next season, while Dunn will secure just over $5MM and Fernando will collect $1.8MM. Wright will make approximately $8.5MM next season.

The move pushes the Celtics another $3MM below the luxury tax threshold, Bobby Marks of ESPN tweets. Dunn had a player option on his contract and opted in earlier this week, which made the trade viable.

After nine seasons in Cleveland, Thompson played in 54 regular-season games with the Celtics, including 43 starts. He averaged 7.6 PPG and 8.1 RPG.

Dunn’s lone season in Atlanta was a washout due to an ankle injury. He only appeared in four regular-season games, but does give the Celtics another option for their backcourt rotation with Kemba Walker getting traded this offseason.

Fernando, an early second-round pick in 2019, appeared in 89 regular-season games during his first two years in the league.

Thompson gives the Kings some frontcourt insurance with Richaun Holmes entering free agency.

Wright averaged 10.0 PPG and 3.6 APG in 27 games with Sacramento after being acquired from Detroit at the trade deadline. Wright can play either guard spot and will likely slide into a backup role with Atlanta.

Hawks Re-Sign John Collins To Five-Year Deal

August 6th, 2021 at 4:02pm CST by Luke Adams

AUGUST 6: Collins has officially re-signed with the Hawks, the team confirmed today in a press release.

“We have a great appreciation for John and all he provides for our team; he is an incredible team player who brings the type of positive energy and passion that is contagious and impacts winning,” president of basketball operations Travis Schlenk said in a statement. “John is beloved by his teammates, our coaches and our fans and we are happy that he will continue to grow along with our young core.”

Atlanta has now officially locked up its two franchise cornerstones to long-term deals, having also announced Young’s extension on Friday.

AUGUST 4: The Hawks have reached an agreement on a five-year, $125MM deal with restricted free agent John Collins, agents Sean Kennedy and Jeff Schwartz tell ESPN’s Adrian Wojnarowski (Twitter link). The agreement features a fifth-year player option, according to Wojnarowski (Twitter link).

Collins, the No. 2 player on our list of this year’s top 50 free agents, has now secured the largest free agent contract of the offseason so far in terms of overall value. Chris Paul (four years, $120MM) and Jarrett Allen (five years, $100MM) are the only other players to crack the nine-figure mark to date, and Paul’s deal reportedly only includes about $75MM in fully guaranteed money.

As I noted on Tuesday when word broke that the Hawks had offered Collins $125MM over five years, the deal represents an increase in terms of both years and dollars on the extension the team reportedly offered the 23-year-old during the 2020 offseason (four years, $90MM+).

It’s still quite a bit shy of the maximum salary Atlanta could have offered ($163MM over five years), but Collins’ options were limited, given the lack of teams with cap room available. The inclusion of a fifth-year player option may also have helped convince him to accept the deal. That will give him the ability to opt out in 2025 at age 27.

Collins, the 19th overall pick in the 2017 draft, averaged 17.6 PPG, 7.4 RPG and 1.0 BPG on .556/.399/.833 shooting in 63 games (29.3 MPG) for Atlanta in 2020/21. While those numbers were a slight step below the ones he put up in ’19/20, Collins played the role the Hawks asked of him and was a major part of the team’s run to the Eastern Conference Finals.

The Hawks have now made two major commitments this week to lock up a pair of franchise cornerstones. In addition to reaching a deal with Collins, the club also agreed to terms on a five-year, maximum-salary extension for Trae Young, which will go into effect in 2022/23.

Hawks Officially Announce Trae Young’s Five-Year Extension

August 6th, 2021 at 3:56pm CST by Luke Adams

The Hawks have officially signed Trae Young to a contract extension, the team announced today in a press release. While the club didn’t disclose the terms of the deal, we know based on previous reports that it’s a five-year, maximum-salary contract that begins in 2022/23. The two sides agreed to terms earlier in the week.

Young’s deal includes Rose Rule language and will start at 30% of the ’22/23 cap and will be worth a projected $207MM if he earns an All-NBA spot next season. If he doesn’t make the All-NBA team, the extension will start at 25% of the cap and will be worth nearly $173MM.

“This is a great day for the Hawks franchise and the city of Atlanta,” Hawks president of basketball operations Travis Schlenk said in a statement. “Trae is a special player and person who from Day One, embraced being a leader on the court and in our community. We are excited to have him as the cornerstone of our program long-term as we work toward our goal of bringing a championship to Atlanta.”

The move had been widely expected this offseason, as Young has emerged as the cornerstone of a Hawks team that made a surprising Eastern Conference Finals run this season.

He averaged 25.3 PPG, 9.4 APG, and 3.9 RPG in 63 regular season games (33.7 MPG) in 2020/21, then helped lead Atlanta past the Knicks and Sixers in the first two rounds of the playoffs before suffering a foot injury in the Eastern Finals vs. Milwaukee.

Young remains under his rookie contract for one more season and will earn $8.33MM in 2021/22 before his extension begins.

Young’s extension will include an early termination option after the fourth year, according to RealGM (Twitter link). An ETO is similar to a player option, so Young will have the ability to opt out and sign a new deal in 2026.

Solomon Hill Signs With Hawks On One-Year Deal

August 5th, 2021 at 8:02pm CST by Dana Gauruder

AUGUST 5: Hill has officially signed, according to a team press release. It’s a minimum-salary deal.

AUGUST 2: Free agent forward Solomon Hill has agreed to re-sign with the Hawks on a one-year deal, ESPN’s Adrian Wojnarowski tweets.

In his eight-year career, Hill has played for five teams. In part due to frontcourt injuries, Hill saw action in 71 regular-season games, including 16 starts.

He was the fifth option offensively, averaging just 4.2 shot attempts and 4.5 PPG in 21.3 MPG. He also appeared in 14 playoff games during the team’s run to the conference finals, though his playing time dropped. He only appeared in four games against the Bucks during the Eastern Conference Finals.

However, the front office valued Hill enough to bring him back on a short team deal, likely the veteran’s minimum or something close to it.

Hawks Sign Lou Williams To One-Year Deal

August 5th, 2021 at 1:37pm CST by Luke Adams

AUGUST 6: The Hawks have officially signed Williams, according to a press release from the team.

AUGUST 5: After a successful late-season run with the Hawks in 2020/21, veteran guard Lou Williams has agreed to re-sign with the team on a one-year, $5MM deal, according to Shams Charania of The Athletic (Twitter links).

Williams, a three-time winner of the NBA’s Sixth Man of the Year award, began the 2020/21 season with the Clippers, but was sent to Atlanta in a deadline deal involving Rajon Rondo when the Clips determined their backcourt needed more of a play-maker than a scorer.

Having spent the last three-and-a-half seasons in Los Angeles and having won two Sixth Man awards with the franchise, Williams was hit hard by the trade and admitted he contemplated retirement upon being sent to the Hawks. However, his arrival and his strong play in Atlanta helped push the team to the No. 5 seed in the East and the third round of the playoffs.

Williams averaged 10.0 PPG and 3.4 APG on .389/.444/.870 shooting in 24 regular season contests (21.0 MPG) for the Hawks, then put up 7.7 PPG and 2.2 APG on .455/.433/.963 shooting in 18 playoff games (15.4 MPG).

The Pacers, Bucks, and Heat were among the other teams linked to Williams during free agency, but a reunion with the Hawks was always viewed as a realistic possibility. While the 34-year-old won’t get the multiyear deal he’d reportedly been seeking, his $5MM salary will be nearly double the veteran’s minimum.

The Hawks had Williams’ Bird rights, so they won’t have to use cap room or a mid-level exception to re-sign him.

Hawks Sign Sharife Cooper To Two-Way Contract

August 4th, 2021 at 9:18pm CST by Luke Adams

The Hawks have signed second-round pick Sharife Cooper to a two-way contract, according to the official transactions log at NBA.com.

Cooper, the 48th overall pick in last Thursday’s draft, had a brief college career, playing just 12 games in his freshman year for Auburn before a left ankle injury derailed his season. He looked good in his limited action though, averaging 20.2 PPG, 8.1 APG, and 4.3 RPG in 33.1 minutes per contest for the Tigers.

Signing Cooper to a two-way contract means Atlanta won’t have to save a spot for him on the 15-man regular season roster. He’ll occupy one of the team’s two-way slots instead and will be eligible to appear in up to 50 NBA games while on that contract.

It remains to be seen who will join Cooper on that second two-way deal in Atlanta. The team has a qualifying offer out to Skylar Mays, one of its two-way players from 2020/21, but so far he hasn’t accepted it.

Hawks Sign Jalen Johnson To Rookie Contract

August 4th, 2021 at 4:29pm CST by Arthur Hill

First-round pick Jalen Johnson has signed his rookie contract with the Hawks, according to the NBA.com transactions page.

Johnson, 19, played just part of his freshman season at Duke before leaving the team the team in February to prepare for the draft. He played 13 games for the Blue Devils, averaging 11.2 points, 6.1 rebounds and 2.2 assists per night, along with 1.2 steals and 1.2 blocks.

The 6’9″ forward had been one of the top recruits in the country coming out of high school, and there was a wide speculation about where he might be drafted, ranging from the late lottery to late in the first round.

Assuming Johnson receives 120% of his rookie scale amount, which most first-rounders do, he will earn $2,659,680 in his first season and could get as much as $12,888,585 over the four-year deal.

Hawks Have Reportedly Offered John Collins Five Years, $125MM

August 3rd, 2021 at 5:01pm CST by Luke Adams

The Hawks have made an offer worth $125MM over five years to restricted free agent big man John Collins, according to Sam Amick of The Athletic. That offer has yet to be accepted, Amick adds.

When Collins and the Hawks discussed a contract extension last offseason, Atlanta reportedly made an offer worth about $90MM+ over four years, so this offer represents a bump in terms of both years and dollars. However, it’s still considerably less than the maximum the Hawks could put on the table.

As we outlined earlier today, the maximum 2021/22 salary for a player with fewer than six years of NBA experience – like Collins – who has full Bird rights is $163MM over five years or about $126MM over four years.

As Amick writes, Collins made it clear last year that he views himself as a maximum-salary player, and it seems like he and the Hawks once again have a difference of opinion on his value.

While Collins may continue to wait for the Hawks to increase their offer, his leverage is limited. There’s little cap space remaining around the NBA and there has been no indication that any team that still has room – such as the Thunder – is preparing to make a run at the 23-year-old. Additionally, sources tell Amick that Atlanta wants to retain Collins and isn’t interested in exploring sign-and-trade possibilities.

In other words, it still seems likely that the Hawks and Collins will eventually work something out, but it doesn’t appear a deal is imminent.

Hawks, Trae Young Agree To Five-Year Max Extension

August 3rd, 2021 at 7:37am CST by Luke Adams

AUGUST 3, 7:37am: Young’s extension will include an early termination option after the fourth year, according to RealGM (Twitter link). An ETO is similar to a player option, so Young will have the ability to opt out and sign a new deal in 2026.

AUGUST 2, 11:02pm: The Hawks and Young are in agreement on a five-year, maximum-salary extension, agent Omar Wilkes tells Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski pegs the projected value of Young’s deal at $207MM, which would mean a starting salary worth 30% of a $119MM cap in 2022/23. That suggests that Atlanta has indeed put Rose Rule language in the deal, but Young will still need to meet the criteria to earn that amount. If he fails to earn All-NBA honors next season, the extension would be worth a projected $172.55MM.

AUGUST 2, 3:59pm: The Hawks and star guard Trae Young are expected to finalize an agreement on a maximum-salary contract extension shortly after he becomes extension-eligible on Monday night, reports Jeff Schultz of The Athletic (Twitter link).

The move had been widely expected, as Young has emerged as the cornerstone of a Hawks team that made a surprising Eastern Conference Finals run this season.

He averaged 25.3 PPG, 9.4 APG, and 3.9 RPG in 63 regular season games (33.7 MPG) in 2020/21, then helped lead Atlanta past the Knicks and Sixers in the first two rounds of the playoffs before suffering a foot injury in the Eastern Finals vs. Milwaukee.

Young remains under his rookie contract for one more season and will earn $8.33MM in 2021/22. His extension would go into effect in ’22/23.

The exact value of that deal would depend on where the cap lands for the 2022/23 season. However, a conservative estimate would result in a five-year deal of approximately $168MM.

That number could increase to about $201.5MM if the Hawks include Rose Rule language that would bump Young’s starting salary to 30% of the cap instead of 25%. However, he’d have to earn an All-NBA spot this coming season to trigger that increase.

Young is one of a number of young stars entering the final year of their respective rookie contracts who could receive a maximum-salary extension shortly after the NBA’s new league year begins.

Luka Doncic, who has already qualified for the 30% max, is in line to get a five-year extension, though it likely won’t be finalized until after the Olympics. Multiple reports have indicated the Thunder will likely lock up Shai Gilgeous-Alexander to a max-salary extension, and Marc Stein identified Deandre Ayton (Suns) and Michael Porter Jr. (Nuggets) as other strong candidates for max extensions.