Hawks won't match Knicks' $71M offer to Tim Hardaway Jr
- Author: Ronnie Bowen Jul 09, 2017,
Jul 09, 2017, 0:10
Hardaway, who played his collegiate basketball at the University of MI, was originally selected by NY in the first round (24th pick overall) of the 2013 NBA Draft.
Knicks coach Jeff Hornacek spoke to reporters in Chicago on Thursday, May 11, 2017, expressing optimism that the rift between the team and young star Kristaps Porzingis will be put behind them.
The Hawks have until Saturday to match the Knicks' offer. Then Grant was sent to the Bulls in a trade that gave New York Derrick Rose.
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New York's offer sheet includes an unusual provision requiring the team to pay 50 percent of Hardaway's annual salary by October 1 of every season, according to league sources.
The deal will eat up all of the Knicks cap space, although they can clear more through trades and/or sign players using exceptions. He developed in Atlanta, where he averaged 14.5 points and 2.3 assists per game past year and shot 45.5 percent from the field. The Hawks will not be following New York's lead.
Both of those trades were orchestrated by Phil Jackson, who was sacked by the Knicks. While numerous best point guards have been snapped up already, Rose and Rajon Rondo remain in search of a contract.
The biggest move looming of the Knicks remains the status of Carmelo Anthony.