Trae Young, Hawks agree to five-year extension

Adrian Wojnarowski of ESPN and Jeff Schultz of The Athletic have reported that Trae Young and the Atlanta Hawks agreed to a five-year extension.

The price of the deal is yet to be announced. Young is currently eligible to receive around $172 million for five years starting from the 2022-23 season, 25 percent of the projected cap for the season.

If Young meets the criteria for the Derrick Rose rule, his paycheck may come at even a higher number, 30 percent cap in the first season of the deal or roughly as much as $207 million. In order to qualify, he has to make an All-NBA team, win MVP, or win Defensive Player of the Year in the season before signing or in two of the previous three seasons.

The 22-year-old had a breakout season in 2020-21 and averaged 25.3 points per game during the regular season. He averaged 28.8 points and 9.5 assists per game in his first-ever playoffs run. He led his team to the Eastern Conference Finals albeit being eventually defeated by the Milwaukee Bucks in six games.

 
Trae Young

 

Rayford Trae Young is an American professional basketball player for the Atlanta Hawks of the National Basketball Association . He played college basketball for the Oklahoma Sooners. In 2017, (wikipedia)

 
 
Atlanta Hawks

 

The Atlanta Hawks are an American professional basketball team based in Atlanta. (wikipedia)

 
 
John Collins (basketball)

 

John Martin Collins III is an American professional basketball player for the Atlanta Hawks of the National Basketball Association . He played college basketball for the Wake Forest Demon Deacons. (wikipedia)

 
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