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Atlanta Hawks All-Star point guard Trae Young has agreed to a maximum five-year extension for designated rookies worth up to $ 207 million, his agent, Omar Wilkes of Klutch Sports, told Adrian Wojnarowski of ESPN.
The deal includes a 30% escalator that would turn the guaranteed base of $ 172 million into $ 207 million if Young were voted for one of the three All-NBA teams. The deal also includes an early termination option after season four, sources said.
The contract will come into effect during the 2022-2023 season and run until 2026-2027.
Negotiations with Young over a maximum extension of his rookie contract weren’t too complicated after his brilliant playoff run for the Hawks, who advanced to the Eastern Conference Finals after not making the playoffs over the past three seasons.
Young was the driving force behind that success, leading the team to life-shattering victories over the New York Knicks and Philadelphia 76ers before pushing the Milwaukee Bucks to six games in the Eastern Conference Finals, though Young missed two games in this series with a bone contusion. right foot and a sprained right ankle.
Young, who has averaged 28.8 points and 9.5 assists in that playoff series, had already established himself as one of the NBA’s elite young guards in his three seasons. after Atlanta returned to take him to the 2018 NBA Draft as part of the deal that saw the Dallas Mavericks reunite with Luka Doncic.
While Young ultimately missed the All-Star Game this season, he answered any lingering questions about his ability to impact winning games in the Atlanta playoffs.
ESPN’s Tim Bontemps contributed to this report.
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