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Hawks, Trae Young Agree To Five-Year Max Extension
August 2nd 2021 at 11:02pm CST by Luke Adams
11:02pm: The Hawks and Young are in agreement on a five-year, maximum-salary extension, agent Omar Wilkes tells Adrian Wojnarowski of ESPN (Twitter link).
Wojnarowski pegs the projected value of Young’s deal at $207MM, which would mean a starting salary worth 30% of a $119MM cap in 2022/23. That suggests that Atlanta has indeed put Rose Rule language in the deal, but Young will still need to meet the criteria to earn that amount. If he fails to earn All-NBA honors next season, the extension would be worth a projected $172.55MM.
The move had been widely expected, as Young has emerged as the cornerstone of a Hawks team that made a surprising Eastern Conference Finals run this season.
He averaged 25.3 PPG, 9.4 APG, and 3.9 RPG in 63 regular season games (33.7 MPG) in 2020/21, then helped lead Atlanta past the Knicks and Sixers in the first two rounds of the playoffs before suffering a foot injury in the Eastern Finals vs. Milwaukee.
Young remains under his rookie contract for one more season and will earn $8.33MM in 2021/22. His extension would go into effect in ’22/23.
The exact value of that deal would depend on where the cap lands for the 2022/23 season. However, a conservative estimate would result in a five-year deal of approximately $168MM
August 2nd 2021 at 11:02pm CST by Luke Adams
11:02pm: The Hawks and Young are in agreement on a five-year, maximum-salary extension, agent Omar Wilkes tells Adrian Wojnarowski of ESPN (Twitter link).
The move had been widely expected, as Young has emerged as the cornerstone of a Hawks team that made a surprising Eastern Conference Finals run this season.
He averaged 25.3 PPG, 9.4 APG, and 3.9 RPG in 63 regular season games (33.7 MPG) in 2020/21, then helped lead Atlanta past the Knicks and Sixers in the first two rounds of the playoffs before suffering a foot injury in the Eastern Finals vs. Milwaukee.
Young remains under his rookie contract for one more season and will earn $8.33MM in 2021/22. His extension would go into effect in ’22/23.
The exact value of that deal would depend on where the cap lands for the 2022/23 season. However, a conservative estimate would result in a five-year deal of approximately $168MM
