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Hawks Re-sign CJ McCollum to One-Year, $21 Million Extension

The short-term deal keeps McCollum out of free agency and gives Atlanta the choice to keep him as a veteran leader or treat his contract as an expiring trade asset.

Overview

  • McCollum agreed to a one-year, $21 million extension that was reported by ESPN’s Shams Charania and confirmed by multiple outlets on Sunday.
  • His agent, Sam Goldfeder, said the contract includes a trade kicker, with one report naming a 7.5 percent figure that has not been universally confirmed.
  • Because the club signed the deal as an extension before the June 30 deadline, reporting says McCollum is immediately eligible to be traded rather than being subject to a December trade restriction on new July signings.
  • McCollum earned the deal after joining Atlanta in January and averaging about 18.7 points in 41 games while providing late-season scoring and two game-winning playoff shots in the first-round series versus the Knicks.
  • The extension narrows Atlanta’s short-term cap flexibility ahead of the June 23 draft and leaves the Hawks with a clear choice about whether to keep McCollum as a stabilizing veteran or use his one-year contract as a midseason asset.