Free agent swingman Tim Hardaway Jr. has agreed to a four-year offer sheet with the New York Knicks, according to multiple reports.
Hardaway’s deal is believed to be more than $71 million. Since he is a restricted free agent, his current team, the Atlanta Hawks, will have a right to match the offer.
Per The Vertical:
Hardaway’s offer sheet was delivered to the Hawks on Thursday night, and Atlanta now has two days to match the contract or allow Hardaway to join the Knicks, league sources said. The contract will be a significant investment for either franchise with a fourth-year player option worth nearly $19 million, league sources said.
Hardaway, 25, averaged career-highs of 14.5 points and 46 percent shooting in 79 games last season. His agent, Mark Bartelstein, confirmed the signing.
New Hawks general Travis Schlenk has told reporters that keeping Hardaway was one of the team’s offseason priorities.
“Now, it’s decision time,” the Atlanta Journal-Constitution wrote. “If the Hawks match, Hardaway would have the highest annual salary on the team and surpass the $16.9 million owed Kent Bazemore next season.”