The free agency period took off with a world wind on Monday afternoon with money flying and players cashing in on new contracts. Around midnight ESPN’s Adrian Wojnarowski reported that the Atlanta Hawks have agreed to extend Trae Young on a 5 year $207 million deal.
The extension for Young won’t actually kick in until the 2022-23 season after his rookie deal officially is satisfied. He will make $8.3 million in the final year of that deal next season.
According to reports the deal contains a clause that could increase the guaranteed $172 million up to $207 million if Young makes one of the three all-NBA teams. The deal also includes a 4th year early termination option per sources.
Trae Young led the Hawks on a historic franchise playoff run that had them 2 wins away from the NBA finals. Despite being snubbed for the all-star team Young finished the season with 25.3 point per game while dishing out 9.4 assist per game.