Knicks Sign Issue Sheet with Tim Hardaway Jr. for $71 Million

by Ben Pena July 9, 2017, 0:11
Knicks Sign Issue Sheet with Tim Hardaway Jr. for $71 Million

The Atlanta Hawks informed the Knicks Saturday that they would not match the four-year, $71 million offer sheet the Knicks tendered Hardaway and now the reunion is complete.

Warsaw native Marshall Plumlee is on the move after being waived by the New York Knicks on Friday.

While the Knicks succeeded in claiming a restricted free agent, the Nets may not be so fortunate.

They plan to notify the National Basketball Association and Knicks later Saturday, according to ESPN. Hardaway, 25, was originally drafted by the Knicks 24th overall in the 2013 NBA Draft.

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Hardaway, who spent the first two seasons of his four-year career with the Knicks, averaged 14.5 points, 2.8 rebounds and 2.3 assists per game while shooting a career-high 45.5 percent from the field last season. The former MI standout had a breakout season in Atlanta which prompted the high offer sheet.

With Phil Jackson - who orchestrated the Hardaway trade - ousted, and with $71 million to an unproven player, the Knicks look headed in a far different direction than they did a few weeks ago. Second year pro DeAdre Bembry should eventually take over as the Hawks starting two guard, until then the role belongs to Kent Bazemore. He'll space out as a shooter next to rookie Frank Ntilikina, but it's tough to imagine that NY couldn't have found another player for a much cheaper price.

The biggest move looming of the Knicks remains the status of Carmelo Anthony.

The Knicks could also try to re-sign Plumlee later this summer.


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