The Atlanta Hawks will not match the New York Knicks’ offer sheet to free agent shooting guard Tim Hardaway Jr., according to a report from ESPN.
The Knicks signed Hardaway to a reported four-year offer worth $71 million. The Hawks had 48 hours to match or lose Hardaway for nothing. Per ESPN, they will choose the latter.
For the Hawks, it makes little sense to pay that much for a player who may not have been a long-term part of the retooling phase under new general manager Travis Schlenk.
For the Knicks, Hardaway is likely just the first of many moves in what is expected to be an offseason makeover. First, they still need to hire a president of basketball operations (GM Steve Mills is currently running things). They also must figure out what to do with star forward Carmelo Anthony.
Hardaway, 25, averaged career-highs of 14.5 points and 46 percent shooting in 79 games last season.
Meanwhile, it will be interesting to see what type of roster the Hawks put together for training camp. Already, they have parted ways with Paul Millsap, Dwight Howard and now Hardaway Jr. since the end of last season.