The New York Knicks outbid the market — and any reasonable expectations — by inking Atlanta Hawks restricted free agent guard Tim Hardaway Jr. to a four-year, $71 million offer sheet on Thursday night. The Hawks will not be following New York’s lead.
Atlanta will decline its right to match the Knicks’ offer and allow Hardaway Jr. to re-sign with his former team, according to ESPN’s Adrian Wojnarowski.
Atlanta will not match New York's $71M offer sheet to Tim Hardaway Jr., but official notification still hours away, sources tell ESPN.
The Knicks traded the 25-year-old wing to Atlanta prior to the 2015 draft for the rights to draft point guard Jerian Grant.