Hawks, Al Horford talking contract extensionPosted by Inside Hoops
Michael Cunningham of the Atlanta Journal-Constitution reports:
After three seasons of increasingly productive play from center Al Horford, the Hawks have decided they want him for the long term.
The feeling is mutual for Horford, who said team officials and his agent, Arn Tellem, have started negotiations on a contract extension.
The Hawks have until Nov. 1 to make a deal with Horford on an extension that begins in 2011-12 and can be lengthened for up to five years and about $82 million under the NBA’s current labor agreement. Horford will make $5.4 million in 2010-11, the final year of his rookie-scale contract…
If the sides don’t reach an agreement by the deadline, Horford would become a restricted free agent next summer if the Hawks extend a one-year, $7.1 million qualifying offer by June 30. The Hawks consequently would retain the right to match any offer sheets signed by Horford.
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