RealGM reported and several outlets including USA Today, Yahoo Sports, NBA.com and ESPN confirm that free agent forward Thabo Sefolosha has reached an agreement on a three-year, $12 million deal with the Atlanta Hawks.
Free agent guard Thabo Sefolosha has reached agreement on a three-year, $12 million deal with the Atlanta Hawks, league source tells RealGM.— Shams Charania (@ShamsCharania) July 3, 2014
No team or player options on Thabo Sefolosha's three-year agreement with the Atlanta Hawks, league sources tell RealGM.— Shams Charania (@ShamsCharania) July 3, 2014
It's a sign that the Hawks have come to realize they're not going to land a max free agent with the cap space they've acquired. The Hawks just traded Lou Williams and Lucas Nogueira for John Salmons, who has only $1 million of his $7 million guaranteed.
So now they add another $4 million to it. The Hawks still do have the room for a max agent, though, at $47 million with about $16 million in space remaining, but their cap holds increase that number significantly.
So kind of a weird deal, but the Hawks have also been great about working with shooters, and they could use the wing defense, which Sefolosha can still provide. The Thunder were five points better per 100 possessions with Sefolosha on the floor than the Hawks were with Williams on the court. At a reasonable three-year figure, he'll make for a decent trade chip as well.