Oct 14, 2012, 9:00 AM EST
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
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.
- Carmelo Anthony on the Knicks: “The fans are dying, we’re dying” 10
- Rockets officially sign Josh Smith, who will play Friday night; waive Tarik Black 6
- Clippers win ‘nice, boring’ Christmas Day battle with Warriors 1
- Miami fans give LeBron warm welcome, Heat team not so much in upset win 24
- Russell Westbrook inspires Thunder to skid-stopping win over Spurs 8
- LeBron James, Stephen Curry leading in early All-Star voting returns 30
- PBT Christmas Day preview: Late game between Clippers and Warriors will see league’s best rivalry renewed 1
- PBT Extra: Top 5 NBA stories of 2014 0