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The Atlanta Hawks have offered restricted free agent forward John Collins a five-year, $125 million extension, according to Sam Amick of The Athletic.
The Hawks offered Collins a four-year, $90 million extension prior to the season, per Amick, which he turned down in hopes of landing a max deal in free agency. It’s unclear how likely that is this time around without another team signing Collins to an offer sheet. Atlanta would have an opportunity to match that offer as well.
Amick shared more details on Atlanta’s latest offer:
“This deal, if accepted, would not only be substantially more than what he was offered previously but would be the biggest yet on the 2021 free-agency market from a lump sum standpoint (Chris Paul’s $120 million deal with Phoenix would be second). In terms of average annual salary, the $25 million figure would be the third-highest (behind Paul’s $30 million and Kyle Lowry’s $30 million with Miami; Utah’s Mike Conley would be right behind Collins at $24.1 million).
“That’s some big-time cheddar for a player who averaged 17.6 points and 7.4 rebounds per game in the regular season, 13.8 points and 9.5 rebounds in the playoffs and—to his credit—was a pivotal piece of the team that shocked us all by getting to the East finals. It’s nowhere near the max deal that Trae Young finalized on Monday night, or that Collins himself could receive, but it’s still very substantial.”
On Monday, Young agreed to a rookie max extension worth up to $207 million over five years.
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