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LIVE: Atlanta Hawks 2024 Free Agency Tracker, Rumors, News and Updates

This page will update regarding any sort of Hawks free agency rumors, news and updates

Rohan Raman

Mar 13, 2024; Portland, Oregon, USA; Atlanta Hawks forward De'Andre Hunter (12) dribbles the basketball during the second half against Portland Trail Blazers center Deandre Ayton (2) at Moda Center. Mandatory Credit: Troy Wayrynen-USA TODAY Sports
Mar 13, 2024; Portland, Oregon, USA; Atlanta Hawks forward De'Andre Hunter (12) dribbles the basketball during the second half against Portland Trail Blazers center Deandre Ayton (2) at Moda Center. Mandatory Credit: Troy Wayrynen-USA TODAY Sports / Troy Wayrynen-USA TODAY Sports
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The free agency period of the NBA is finally here and the offseason is about to hit its peak.

Traditionally, free agency activity and trades go down over the next three days before July 4th, so the bulk of the action will likely take place over the next 72 hours. That being said, this projects to be one of the more memorable transaction cycles in recent memory. Names like Paul George, Klay Thompson, Brandon Ingram, Kentavius Caldwell-Pope, Zach LaVine and more could all be on the move.

In terms of how the Atlanta Hawks will approach this cycle, more moves could follow the Dejounte Murray trade that went down two days ago. The Athletic's John Hollinger gave his thoughts on Atlanta's direction in the wake of the Murray trade.

”Of course, I say all this as if the Hawks are done dealing. Are they? Clint Capela and De’Andre Hunter rumors have subsisted for ages, but the general consensus from league sources is that the Hawks can’t get any meaningful return for them.”

It will be interesting to see if the Hawks are able to push a deal across the finish line for Capela, Hunter or both. Between the two, I see Hunter as the more valuable player, but Capela's contract is far easier to trade. His $22 million dollar salary expires after this year whereas Hunter is locked in for the next three years on a contract with escalating cap costs north of $21 million. Outside of those two, I could also see Larry Nance Jr. moved in order to open up more salary cap room.

In terms of where Atlanta stands on cap room, Atlanta is expected to be operating as an over-the-cap team. They should be below the first apron of cap restrictions and have access to the non-taxpayer mid-level exception, trade exceptions and bi-annual exceptions. The non-taxpayer mid-level exception allows them to sign free agents for a four-year contract with a max value of $8.6 million in the first year of the deal. The bi-annual exception is for shorter-team deals (one or two years) with a max value of $3.38 million. Trade exceptions allow a team to take on salary without sending salary out in return.

The Hawks have already tendered qualifying offers to Vit Krejci and Seth Lundy. This gives them the ability to match any contract offer either of them receive. They also picked up the team option on Garrison Mathews, guaranteeing his return for next season. It will be interesting to see if they add any external free agents or if they bring back Saddiq Bey on a new deal.

This page will be updated with live news, rumors, trades involving the Hawks. Keep refreshing in order to stay up to date!

10:09 pm EST - Per Adrian Wojnarowski of ESPN, the Dallas Mavericks have signed forward Naji Marshall to a three-year, $27 million dollar deal.

This is a deal that definitely could have made some sense for Atlanta, but they would have needed to open up some more salary cap room. He likely would have been the sixth man, meaning that a DeAndre Hunter trade or Clint Capela trade would have needed to happen before this signing.

Last season, Marshall averaged 7.1 pts, 3.6 rebounds and 1.9 assists on 46% from the field and 39% from three-point range. He's a great on-ball defender and connective playmaker who shot at respectable percentages last year. It's a contract that would have made sense for Atlanta, but would have proved difficult without a trade.

8:47 pm EST - Per Adrian Wojnarowski of ESPN, the Washington Wizards have signed Jonas Valanciunas to a three-year, $30 million dollar deal.

While this may not seem like something that affects Atlanta, the signing of Valanciunas effectively means that the Wizards are out of contention for Clint Capela. There were rumors earlier in the off-season about their interest in the Hawks big man. Matt Moore of Action Network spoke on Capela's trade value on June 18th and mentioned the Wizards in connection.

Clint Capela is a popular trade target with the Grizzlies, Wizards, Pelicans and Bulls having expressed interest."

Now, the Wizards do have a trade exception that Valanciunas's deal would fit into. This would allow them to work with the Pelicans and another team in a sign-and-trade. New Orleans could trade Valanciunas and net his replacement in the same deal. Atlanta is a team that could work in that three-team framework, landing assets from both Washington and New Orleans.

9:58 a.m. EST:

The Oklahoma City Thunder signed Knicks center Isaiah Hartenstein to a three-year, $87 Million Dollar deal according to ESPN's Adrian Wojnarowski. The Thunder had been mentioned as a potential Clint Capela destination, but this takes them off the board.

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Rohan Raman

ROHAN RAMAN

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