What the Atlanta Hawks ownership being willing to go into the tax means
Atlanta Hawks owner Tony Ressler has spoken out about whether they are willing to go into the luxury tax in an effort to keep the team together per Chris Kirschner of The Athletic. The good news for Hawks fans, he is willing to go into the tax for a good team.
This is tremendous for the Hawks as they will be able to keep their young core together. John Collins is up for a payday before the coming season. Trae Young and Kevin Huerter are eligible for their rookie-scale extensions this offseason. De’Andre Hunter and Cam Reddish are eligible the following season.
This means that they are looking to keep this young core together for the foreseeable future, as long as the team remains strong. An owner’s worst nightmare is paying the luxury tax for a team that is not performing.
The Atlanta Hawks are giving every indication they want to keep John Collins.
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The four-year man out of Wake Forest is one of the best free agents available this offseason. Thanks to teams preparing the for the Giannis Antetokounmpo sweepstakes, there is plenty of cap space available for players like Collins to be offered on some very good teams.
However, with the Hawks locking in their coach, Nate McMillan for the next four years, and looking to try and go one step further in the playoffs, this could be the most tempting place for Collins. This is especially so if the question of price is taken off the table.
On top of that, Huerter increased the value of what he will most probably be offered as a contract extension, which could have seen him lost to the Hawks. Ownership doubling down on their financial commitment is one sure way for fans to believe in the team.
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It also means that they may be able to offer Lou Williams a better deal than expected which would keep the three-time sixth man of the year in his home state. This is truly exciting for Hawks fans and this means that the offseason should be filled with positive news, leading into next season.