Atlanta Hawks Executive Vice President/General Manager Rick Sund announced today that the Hawks have exercised Head Coach Larry Drew’s contract option for the 2012-13 season.

“Larry did an outstanding job this season in guiding our team to the fourth-best record in the Eastern Conference, despite a condensed schedule and unfortunate injuries,” said Sund. ¬†”The Hawks have reached the postseason in each of his years on the bench, and we feel Larry’s experience, expertise and dedication to the game were a key ingredient to our success.”

In two seasons with the Hawks, Drew’s led the franchise to consecutive playoff appearances and a record of 84-64 (.567). ¬†Despite significant injuries to key players during this past season, Drew coached Atlanta to a 40-26 mark, the team’s first winning record on the road in 13 y