Hawks match Grizzlies' offer sheet for Smith

ATLANTA -- Josh Smith will remain with the Hawks after Atlanta quickly matched an offer sheet from the Memphis Grizzlies on Friday.

The Hawks ensure Josh Smith will keep his high-flying act in Atlanta, not Memphis. (Getty Images)

"Tonight, the Hawks organization received an offer sheet from the Memphis Grizzlies for Josh Smith," Atlanta general manager Rick Sund said in a statement. "We are happy to announce that we will match their offer sheet.

"Ownership, management and the team are happy to have Josh return as a member of the Hawks."

Terms were not immediately disclosed.

The Grizzlies announced earlier in the day that Smith, a restricted free agent, had signed the offer sheet. The Hawks had seven days to match the offer.

The Hawks drafted the 6-foot-9, 235-pound Smith out of high school in the first round in 2004.

Smith averaged 17.2 points, 8.2 rebounds and 2.8 blocks in helping the Hawks make the playoffs last season.