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Knicks sign Tim Hardaway Jr. to 4-year, $71M offer sheet
Restricted Atlanta Hawks free agent Tim Hardaway Jr. has signed a four-year, $71 million offer sheet with the New York Knicks, league sources told ESPN.
Hardaway, a 25-year-old shooting guard, has spent the past two seasons in Atlanta after spending his first two in New York.
The Hawks will have two days to match the offer, which contains a 15 percent trade kicker and a player option in the fourth year, per ESPN sources.
New York's offer sheet includes an unusual provision requiring the team to pay 50 percent of Hardaway's annual salary by Oct. 1 of every season, according to league sources. The Brooklyn Nets included the same language in their offer sheet for Otto Porter Jr., sources said.
Hardaway, 6-foot-6, had a breakout season in 2016-17 for Atlanta, scoring 14.5 points in 28 minutes per game.
In particular, Hardaway flourished after the Hawks traded Kyle Korver to Cleveland midway through the season. In the final six weeks of the regular season, Hardaway averaged 18 points in 32 minutes per game, hitting 38 percent of his 3-point attempts.
New York, under then-team president Phil Jackson, traded Hardaway on draft night in 2015 in exchange for the rights to point guard Jerian Grant.
Hardaway thrived offensively but struggled at times on defense in New York, which selected him in the first round of the 2013 NBA draft.
He has become a more well-rounded player with the Hawks, who transformed him by initially benching him and sending him to the NBA's D-League. Hardaway eventually developed into a key rotation player for Atlanta and started games for the club late in the regular season and in the playoffs.
Hardaway, a 25-year-old shooting guard, has spent the past two seasons in Atlanta after spending his first two in New York.
The Hawks will have two days to match the offer, which contains a 15 percent trade kicker and a player option in the fourth year, per ESPN sources.
New York's offer sheet includes an unusual provision requiring the team to pay 50 percent of Hardaway's annual salary by Oct. 1 of every season, according to league sources. The Brooklyn Nets included the same language in their offer sheet for Otto Porter Jr., sources said.
Hardaway, 6-foot-6, had a breakout season in 2016-17 for Atlanta, scoring 14.5 points in 28 minutes per game.
In particular, Hardaway flourished after the Hawks traded Kyle Korver to Cleveland midway through the season. In the final six weeks of the regular season, Hardaway averaged 18 points in 32 minutes per game, hitting 38 percent of his 3-point attempts.
New York, under then-team president Phil Jackson, traded Hardaway on draft night in 2015 in exchange for the rights to point guard Jerian Grant.
Hardaway thrived offensively but struggled at times on defense in New York, which selected him in the first round of the 2013 NBA draft.
He has become a more well-rounded player with the Hawks, who transformed him by initially benching him and sending him to the NBA's D-League. Hardaway eventually developed into a key rotation player for Atlanta and started games for the club late in the regular season and in the playoffs.
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