Knicks Rumors: Carmelo Anthony Still on Trade Block After Tim Hardaway Jr

Tim Hardaway Jr. will join the New York Knicks after the Atlanta Hawks made a decision to not match Knicks' offer sheet on the restricted free-agent guard.

Two days later, the Knicks officially announced that the Atlanta Hawks would be letting the restricted free agent walk and thus join the Knicks.

While Hardaway Jr. did evolve into a solid wing player previous year in Atlanta, he's hardly a star.

Despite being several hours before the deadline, the Atlanta Hawks have decided on the future of guard Tim Hardaway Jr.

Hardaway, 25, returns to a Knicks franchise with significant hope that it can utilize his offensive abilities on the wing.

The Knicks' offer sheet to Hardaway contains a 15 percent trade kicker and a player option in the fourth year, per ESPN sources.

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The Knicks' offer sheet to Hardaway contains a 15 percent trade kicker and a player option in the fourth year, and it also includes an unusual provision requiring the team to pay 50 percent of Hardaway's annual salary by October 1 of every season, according to league sources. He developed in Atlanta, where he averaged 14.5 points and 2.3 assists per game previous year and shot 45.5 percent from the field.

Knicks GM Steve Mills staking his reputation on Tim Hardaway Jr. The Knicks acquired Jerian Grant in that deal, who they flipped to the Bulls a year later in the Derrick Rose trade. NY recently fired its president of basketball operations, Phil Jackson, as well.

Both of those trades were orchestrated by Phil Jackson, who was sacked by the Knicks.

The immediate need for the Knicks, even if they have few illusions of contending this season, is a veteran point guard to serve as a mentor the team's lottery pick - 18-year-old Frank Ntilikina.

Hardaway is expected to make the Knicks younger, more athletic and more fluid.

  • Darren Santiago