Atlanta Hawks Rumors | Hoops Rumors

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.

Hawks Sign Gorgui Dieng To One-Year Deal

August 2nd, 2021 at 8:23pm CST by Luke Adams

AUGUST 9: A week after agreeing to sign him, the Hawks have now finalized Dieng’s deal, the team announced today in a press release.

“With the signing of Gorgui, we’ve added more size and depth to our frontcourt rotation. He’s an experienced big with length who can space the floor and defend,” president of basketball operations Travis Schlenk said in a statement.

It looks like Dieng’s contract will use part of Atlanta’s mid-level exception.

AUGUST 2: The Hawks and free agent big man Gorgui Dieng have agreed to terms on a one-year, $4MM contract, reports Jon Krawczynski of The Athletic (Twitter link).

Dieng, 31, has bounced around the league in recent years, playing for Minnesota, Memphis, and San Antonio since the start of the 2019/20 season. Last season, he averaged 6.8 PPG and 3.7 RPG in 38 games (14.5 MPG) for the Grizzlies and Spurs.

While he wasn’t exactly a bargain on his previous four-year, $63MM contract, Dieng should be a much better value at $4MM. He’ll be a nice fit in the Hawks’ frontcourt behind starting center Clint Capela and should see regular minutes while Onyeka Okongwu recovers from shoulder surgery, if not beyond that.

Given the reported terms on Dieng’s deal, the Hawks could either be using a portion of the mid-level exception or the bi-annual exception to complete the signing. The BAE is worth about $3.7MM this season.

Hawks, John Collins Not Yet Close To New Deal

August 2nd, 2021 at 4:56pm CST by Luke Adams

As free agency opens, the Hawks and John Collins aren’t close to an agreement on a new contract, according to Shams Charania of The Athletic (video link), who reports that there’s no momentum in those talks yet.

Collins is one of the top free agents on the market – he ranked second overall in our top-50 list – but he’s restricted rather than unrestricted, giving the Hawks plenty of leverage in contract negotiations.

While it’s possible another team could swoop in with a big offer sheet for Collins, multiple reports this weekend suggested that his potential suitors were becoming resigned to the idea that he’d likely remain in Atlanta.

That’s still the most probable outcome, even if Collins and the Hawks aren’t ready to come to an agreement right when free agency opens. Collins turned down a four-year, $90MM+ extension offer from Atlanta last offseason and will likely end up reaching a deal worth north of $100MM with the team this week. However, until the two sides reach an agreement, the door is open for something unexpected to happen.

Fischer’s Latest: Iguodala, Millsap, Mills, Robinson, McDermott, More

August 2nd, 2021 at 9:18am CST by Luke Adams

The Lakers and Warriors, a pair of Pacific rivals, may be competing for some of the same veterans in free agency, according to Jake Fischer of Bleacher Report, who notes that both teams are believed to be eyeing Andre Iguodala.

League sources tell Bleacher Report that Paul Millsap would be interested in joining the Warriors for a deal in the range of the taxpayer mid-level exception (approximately $5.9MM), though a reunion with the Hawks is also a possibility for Millsap, Fischer adds.

The Lakers, meanwhile, have been linked to Patty Mills, according to Fischer, who notes that the team would likely have to offer Mills more than the minimum to lure him to L.A.

Here are a few more free agency rumors from Fischer:

Fischer says the numbers floating around for Duncan Robinson‘s next contract are about $16-18MM per year, which is the range I previously speculated for the Heat forward, given last year’s market for top shooters.
Another three-point marksman, Pacers wing Doug McDermott, is expected to get a deal worth more than the $9.5MM mid-level exception, per Fischer.
The Spurs and Pistons are among the teams with Bulls restricted free agent forward Lauri Markkanen on their radar, according to Fischer.
Veteran swingman Danny Green is thought to have interest in playing for the Heat, Fischer reports.
Gorgui Dieng will likely be in line for a deal worth about the bi-annual exception ($3.7MM), with the Suns and Spurs among his potential suitors, writes Fischer.

Javonte Green, Others Receive Qualifying Offers

August 1st, 2021 at 9:50pm CST by Luke Adams

The deadline for teams to issue qualifying offers to players eligible for restricted free agency was at 5:00pm ET on Sunday, but news of a handful of under-the-radar QOs continues to trickle in several hours later.

According to Keith Smith of Spotrac (Twitter link), one player who received a qualifying offer was Bulls wing Javonte Green, whose offer was worth just shy of $1.9MM.

Green, 28, was sent from Boston to Chicago along with Daniel Theis in a three-team deadline deal and played a limited role for the team down the stretch, averaging 2.6 PPG and 1.2 RPG in 16 games (8.0 MPG). He’ll now start the 2021/22 league year as a restricted free agent.

Here are a few more QO updates:

The Thunder issued a qualifying offer to make forward Josh Hall a restricted free agent, tweets Smith.
The Hawks tendered a qualifying offer to former LSU shooting guard Skylar Mays, tweets Smith.
The Mavericks have extended a qualifying offer to 22-year-old shooting guard Nate Hinton, tweets Smith.
The Sixers have issued a qualifying offer to guard Rayjon Tucker to make him a restricted free agent, tweets Smith.
Because all four of these players just finished the first season of a two-way contract with their respective teams, their QOs will be the equivalent of another two-way deal with a $50K guarantee.

No QOs For Frank Ntilikina, D.J. Wilson, Mike James, Others

August 1st, 2021 at 5:45pm CST by Luke Adams

Knicks guard Frank Ntilikina is among the players who didn’t receive a qualifying offer in advance of Sunday’s deadline, making him an unrestricted free agent this offseason, reports Marc Berman of The New York Post (Twitter link).

The Knicks’ decision on Ntilikina doesn’t come as a surprise. Despite the years the team spent trying to develop the former No. 8 overall pick into a reliable rotation player, he wasn’t used often in 2020/21, logging just 9.8 minutes per game in 33 contests as he battled some injury issues. A qualifying offer to make him a restricted free agent would have been worth $7MM+, a figure he’s unlikely to match or exceed on the open market.

Here are updates on a few of the other players who didn’t receive QOs today:

The Rockets didn’t issue a qualifying offer to forward D.J. Wilson, who will become an unrestricted free agent, reports Jonathan Feigen of The Houston Chronicle. Wilson’s QO would’ve been worth $6.4MM.
The Nets didn’t issue a qualifying offer to guards Mike James or Chris Chiozza, according to reports from Michael Scotto of HoopsHype and ESPN’s Adrian Wojnarowski (Twitter links). Both players will become unrestricted free agents.
Brandon Goodwin didn’t receive a qualifying offer from the Hawks, a league source tells Scotto (Twitter link). Goodwin averaged 4.9 PPG and 2.0 APG in 47 games (13.2 MPG) for Atlanta in 2020/21.

Scotto’s Latest: Markkanen, Noel, Raptors, Pistons, L. Williams

August 1st, 2021 at 7:29am CST by Luke Adams

The Bulls and Lauri Markkanen are open to working out a sign-and-trade deal that would send him to a new team, league sources tell Michael Scotto of HoopsHype. Chicago issued Markkanen a qualifying offer this week that will ensure he’s a restricted free agent, giving the team some leverage in negotiations.

Scotto identifies the Timberwolves – who have long been on the hunt for a power forward – as one team to watch as a possible sign-and-trade destination for Markkanen. The Spurs and Thunder are also among the teams with Markkanen on their radar, per Scotto. San Antonio and Oklahoma City would have the cap flexibility necessary to issue Markkanen an offer sheet without giving up an asset in a sign-and-trade if they’re confident Chicago won’t match.

Here are a few more updates on free agency from Scotto:

Following a strong season in New York, free agent big man Nerlens Noel is expected to draw interest from the Raptors, Knicks, Pistons, and Kings, writes Scotto.
The Raptors and Pistons should have a little cap flexibility and will likely look to the free agent market to address the center position. Scotto reiterates that Jarrett Allen and Richaun Holmes are on Toronto’s radar, and names Kelly Olynyk as a potential Detroit target. Some people around the league believe Olynyk will end up signing a deal worth $10-12MM per year, Scotto adds.
Despite mutual interest in a new deal between the Hawks and Lou Williams, the three-time Sixth Man of the Year will receive interest from other clubs, including the Pacers and Bucks, says Scotto. Williams is seeking a multiyear deal.

Celtics Rumors: Richardson Trade, Fournier, Thompson, Parker

July 31st, 2021 at 1:39pm CST by Eli Cohen

The Celtics may have been quiet on draft night, but they’re making noise now. After agreeing to trade Tristan Thompson for the Hawks’ Kris Dunn and Bruno Fernando and sending Moses Brown to the Mavericks for Josh Richardson, the Celtics have given themselves some extra flexibility from both a financial and roster perspective, writes The Athletic’s Jared Weiss.

Evan Fournier‘s market seems to be in the range of $12-$20MM per year, according to Weiss, who points out that dealing for Richardson affords the Celtics the option of walking away if the bidding war gets too rich for them. It sounds like that’s a very realistic possibility, as Mark Murphy of The Boston Herald hears from a source that Boston is unwilling to meet Fournier’s asking price of $80MM over four years.

“It’s not looking good,” Murphy’s source said of the Celtics’ negotiations with Fournier.

Meanwhile, there’s no guarantee that the Celtics will hang onto Dunn, according to Weiss, who says the former lottery pick could be flipped again. Weiss suggests that two viable options for dealing Dunn could be to the Cavaliers – along with one of the Celtics’ young players – in a deal for Larry Nance Jr., or to the Pelicans – with Marcus Smart – in a Lonzo Ball sign-and-trade.

We have more rumors on the Celtics:

According to Weiss, while Thompson was beloved by teammates, he butted heads with the coaching staff and the organization throughout the year and was widely expected to be moved this offseason.
In the same piece, Weiss cites The Athletic’s Danny Leroux, who explains that the Celtics now project to be about $4.36MM below the tax line if Jabari Parker (who has a non-guaranteed contract) is waived.
The Celtics wanted to send more guaranteed money to the Mavericks in the Josh Richardson deal, but Dallas initially didn’t want to take any money back, tweets Keith Smith of Spotrac. Moses Brown was the compromise found, given the low guarantee on his deal ($500K).
Chris Mannix of Sports Illustrated tweets that the Celtics’ front office, especially Brad Stevens, has long been a fan of Richardson, who will be looking to get back on track in Boston after a down year in Dallas.

Free Agent Rumors: J. Collins, Lowry, Z. Collins, Forbes, Celtics, More

July 31st, 2021 at 10:51am CST by Luke Adams

In his latest rumor-packed article for Bleacher Report, Jake Fischer echoes a Marc Stein report from Friday, writing that John Collins is viewed as increasingly likely to return to the Hawks despite anticipated interest from the Mavericks and Spurs, among others.

Collins’ new deal may exceed $120MM in total value, Fischer notes, though it’s not clear if that’d be for four years or five. Collins’ projected maximum with Atlanta is about $126MM over four years (or $163MM over five), whereas his max with a new team would be approximately $121MM over four years.

Here are a few other rumors on 2021 free agents, including several more updates from Fischer:

With the Pelicans, Mavericks, and Heat all expected to make a strong push for Kyle Lowry, the point’s guard ultimate landing spot could come down to which team includes the most guaranteed money in the third year of its offer, says Fischer.
The Raptors, Pelicans, Thunder, and Spurs are among the teams known to have interest in big man Zach Collins, sources tell Fischer. Collins isn’t getting a qualifying offer from Portland, so he’ll be an unrestricted free agent.
The Nets may be the leading candidates to sign free agent sharpshooter Bryn Forbes, according to Fischer, who also names the Bulls, Cavaliers, Mavericks, and Pelicans as teams to watch.
Mark Murphy of The Boston Herald (Twitter link) hears that the Celtics have a list of about seven or eight top free agent targets, including veteran Spurs guard Patty Mills.
Otto Porter‘s representatives have been targeting a mid-level type contract for their client, but that’s probably a long shot unless a front office bids against itself, says J. Michael of The Indianapolis Star (Twitter links). The veteran forward is coming off a four-year, $106MM+ deal.
The Nuggets are expected to add a backup center in free agency, according to Mike Singer of The Denver Post, who tweets that a new deal with JaVale McGee is one possibility to address that spot.

Eastern Rumors: Ball, Rose, Tucker, Portis, Allen, Williams, Fournier, Schroder, Horton-Tucker

July 31st, 2021 at 9:15am CST by Dana Gauruder

The Bulls are looking to make to major additions to shore up their point guard position, according to Jake Fischer of Bleacher Report.

The Bulls have been linked for months to Pelicans point guard Lonzo Ball and there’s thought to be mutual interest between the two sides on a four-year deal worth more than $80MM. If the Pelicans extend a $14.36MM qualifying offer to Ball, he’ll be a restricted free agent — the Bulls would have to give him an offer sheet and hope New Orleans doesn’t match it, or work out a sign-and-trade with the Pels.

The Bulls may have some competition from the Celtics, who have been recently mentioned as a potential Ball suitor after dealing away Kemba Walker. There’s increasing speculation the Celtics will not look to re-sign unrestricted free agent Evan Fournier, says Fischer. That possibility increased significantly after the Celtics agreed to acquire Josh Richardson from the Mavericks.

Chicago is also considering another Derrick Rose reunion and there’s mutual interest. It’s uncertain if the Knicks and head coach Tom Thibodeau can convince Rose, an unrestricted free agent, to re-sign with them if the Bulls make a hard push. However, Chicago will likely need to shed salary in order to bring in both Ball and Rose and the Knicks have plenty of cap room to outbid the Bulls for his services. While that’s a best case scenario in the Bulls’ eyes, they’re intent on adding two point guards this summer, especially with Coby White out indefinitely after undergoing left shoulder surgery, per Fischer.

Fischer offers up a number of other interesting items:

The Bucks are interested in bringing back two of their prominent free agents. They’d like to re-sign defensive specialist P.J. Tucker on a contract in the neighborhood of two years and $20MM. They are also hoping to re-sign forward Bobby Portis and the feeling is mutual. Since the Bucks only have Non-Bird rights on Portis, they’d have to use their mid-level exception to give him a starting salary higher than about $4.3MM.
The Cavaliers view the Raptors as their main threat to re-signing restricted free agent Jarrett Allen. Toronto’s interest in Allen surfaced last weekend. However, Cleveland is likely to match any offer sheet for Allen. The Raptors are also eying Kings free agent Richaun Holmes.
League sources think Lou Williams, one of the league’s top reserves, could re-sign with the Hawks on a veteran’s minimum deal, sys Fischer.
The Knicks, who need to add scoring punch, have expressed interest in Fournier. They’ve also been linked to Lakers guards Dennis Schroder and Talen Horton-Tucker. Schroder will be looking for a new home after the Lakers agreed to acquire Russell Westbrook. Previous reports have indicated the Knicks’ potential pursuit of Fournier and Schroder. Horton-Tucker is a restricted free agent after the Lakers extended a qualifying offer, though the team has the option of pulling it off the table.
According to SNY.TV’s Ian Begley, there’s support within the Knicks organization to pursue Nets free agent Spencer Dinwiddie and he’s interested in remaining in New York. Devonte’ Graham, Kendrick Nunn, and Kyle Lowry are some other potential targets at point guard. At the wing, the Knicks have some interest in the Spurs’ DeMar DeRozan and they’ve had discussions with the Magic this week regarding a potential Terrence Ross trade.