Will the ex-Knick be back at MSG on a big deal?
Here’s what it means.
Nothing is final yet: The Hawks have two days to match New York’s offer. If they do, Hardaway will head back to Atlanta on the same contract he just signed with the Knicks. If Atlanta declines, Hardaway is a Knick once again.
Knicks’ offer sheet to Tim Hardaway Jr. is $71M-plus and has final year salary of nearly $19M. Hawks have 2 days to decide whether to match. https://t.co/6kau6yaiVw
— Shams Charania (@ShamsCharania) July 7, 2017
Full circle: The Knicks traded away Hardaway, their 2013 first-round pick, in a 2015 deal to land point guard Jerian Grant. Grant was dealt last summer for Derrick Rose. Rose’s rights were renounced at the start of free agency–opening up the cap room for the Knicks to bring back a player they once drafted and developed.
Out-earning his father: Tim Hardaway, the father of Tim Hardaway Jr., was one of the NBA’s best players in the ’90s. His son will make more on this contract than he earned during his entire NBA career.
Tim Hardaway Jr. will make more money in one contract than his dad ever did [?] pic.twitter.com/XGYF3RwcYq
— SB Nation (@SBNation) July 7, 2017
Player-friendly deal–with a poison pill: It seems like the Knicks designed the contract to push Atlanta away from matching. With a trade kicker–making it harder to move the player–and player option, it’s a really good deal for the 25-year-old.
With @wojespn, Knicks’ offer sheet to Tim Hardaway Jr. contains a 15% trade kicker, league sources told ESPN. 4th year is a player option.
— Ian Begley (@IanBegley) July 7, 2017
Big cap hit: If Hardaway joins the Knicks, nearly 40 percent of their cap room will be invested in a good–not great–guard and disappointing center Joakim Noah.