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Report: Josh Smith won’t sign an extension, Hawks can thank the new CBA

Oct 14, 2012, 9:00 AM EDT

Josh Smith

From the New York Daily News:

Josh Smith has told the Hawks that he isnt going to sign an extension during the season. Hed rather wait to become a free agent, when he can get a five-year deal. An extension would limit him to a three-year deal, according to the new CBA rules. New GM Danny Ferry has upwards of 10 players who could be free agents at seasons end

via Failure to launch … Knee injury aside, Jeremy Lin may not be what Houston Rockets bargained for – NY Daily News.

This is pretty much the inherent flaw in the new CBA. The conceptual design was to enable teams to retain their players. But instead, it’s created an environment where there’s no incentive for veteran stars to sign extensions which are limited by at least one year over what they can get in free agency, and two over what they can get by re-signing once their contracts expire.

This doesn’t mean he won’t return to the Hawks, but it definitely leaves the door open to a departure, especially when you consider that Smith has been pushing for a trade for multiple seasons. There’s been no indication from Ferry whether he considers Smith to be the focus of the Hawks’ future or whether he’d rather move him for a rebuilding package.

So, like usual, the Hawks’ situation remains in flux.

  1. Gordon - Oct 14, 2012 at 9:15 AM

    The problem with the NBA is that there seems to be buyer’s remorse on these contracts as soon as the ink dries.

    Teams seem to sign these guys (to max deals in some cases) because they don’t want to lose an asset, not because they think these guys are worth the money.

  2. manchestermiracle - Oct 14, 2012 at 11:56 AM

    Not news. Now if he’d said he WOULD sign an extension THAT would be news. And stupid of him.

    And I don’t see this as a flaw in the CBA. It opens the door (albeit rather slightly) to allow another team a shot at a UFA, as well as addressing any charge that teams “own” players.

  3. money2long - Oct 14, 2012 at 12:15 PM

    this is definitely a flaw. now, seeing as how josh smith has apparently been asking for a trade for some time, smith is in the driver seat now. no extension mean a possible unrestricted free agency for him or they trade him to ensure if he decides to leave at least they get something for him or risk getting nothing and seeing him bolt. maybe things go well in negotiations and smith doesn’t like any other outside situation and stays in ATL. no one knows what will happen that affects smith’s decision making when the offseason comes, but the fact of the matter is, smith has the power now, leverage to be exact. the hawks still hold some power however. they could threaten to trade him to ramon session’s playing paradise, charlotte.

    gm danny ferry has a lot of work in the coming months. sux, 10 players? that’s a lot.

    • money2long - Oct 14, 2012 at 12:17 PM

      even if traded, smith could still bolt that team in the summer! so, i guess j.smith has ultimate power.

  4. dls612 - Oct 14, 2012 at 12:19 PM

    He’s gone!

  5. biasedhomer - Oct 14, 2012 at 12:37 PM

    Trade him to the Sixers for Thaddeus Young and some expirings.

  6. mannyicey - Oct 14, 2012 at 1:48 PM

    Josh isn’t going anywhere. If he was to go, he would request a trade right now. The reason why he want to wait is to get 5 years. The Hawks will give him that. They built the team around Smith, Teague and Horford. And Smith is loving the new stardom.

    It’s not by coincidence that as soon as Joe Johnson left, Adidas started giving him cheddar. They’re making Smith the face of the Hawks.

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