According to a source, the Atlanta Hawks and guard Dejounte Murray have reached an agreement on an extension of their current contract that would pay a total of $120 million over the course of four years.
According to a source who spoke to the NBA Online Betting PH on the condition of confidentiality because the extension has not yet been made public, the contract would keep Murray on the roster for the Atlanta Hawks for the next five years, through the 2027-28 season. In addition, it will maintain his backcourt pairing with Trae Young.
On Thursday night, Murray wrote a message to his Twitter account that stated, “ATLANTA. Been Locked In From The Moment Y’all Accepted Me,” and added, ” LOYALTY OVER EVERYTHING Let’s Gooooooooooooooo!!!! “
The transaction took place on June 26 between the Hawks and the Utah Jazz for forward John Collins and veteran forward Rudy Gay in exchange for a conditional second-round draught selection in 2026 helped the Hawks clear cap room for the contract. Collins has a salary of $25.3 million secured for the 2023-2024 season. Gay, who is 36 years old, is owed around $6.5 million.
The deal for Collins was formally revealed by the Hawks on Friday night, which resulted in Atlanta receiving a trade exception in the amount of $25.3 million. This exception, which is currently the largest one in the NBA, can be utilized to purchase a player in a future trade that takes place within a year.
“Being able to create financial flexibility moving forward was a major priority for us,” said Hawks general manager Landry Fields in a statement that the organization distributed. “Because of the increased adaptability, we will have more options to consider as we search for ways to improve our team,”
After making such a substantial investment in Murray, the Hawks placed an extremely high priority on securing his deal. In exchange for Murray, the San Antonio Spurs received Danilo Gallinari and three first-round picks from the Atlanta Hawks on June 29, 2022.
Murray, now 26, finished the previous season with the Hawks averaging 20.5 points and 6.1 assists. He and Young formed the high-scoring backcourt combo that was anticipated. Despite this, the Hawks were eliminated from the playoffs in the first round despite having replaced head coach Nate McMillan with Quin Snyder after they fired McMillan in the middle of the regular season.
The Hawks ended the season with a record of 41-41, once again unable to reclaim the encouraging form they displayed when they made it to the Eastern Conference finals in 2021.