Negotiations between the Atlanta Hawks and forward Josh Smith did not bear a new deal, so the high-flying budding star will likely not re-sign with the team before the season ends, triggering various scenarios.
Smith could become an unrestricted free agent next summer if he does not re-signed with the Hawks. Meaning, he could leave the team without Atlanta receiving any compensation in return.
If the Hawks have their way, that will not happen. It actually could work out in Smith’s financial favor to not re-sign with the team until after the season. To wit: Under the rules of the NBA’s collective bargaining agreement, if Smith re-signs with the Hawks before June 30, 2013, the length of the contract can only be for a maximum of three years. If he waits until after his contract expires, he can re-up for up to five years.
Both sides have indicated they want a deal. Smith, who is from Atlanta, has said he would like to remain with his hometown team. If that position changes during the course of the season before the NBA trade deadline, general manager Danny Ferry would look to trade him rather than letting him go with no players coming back to the Hawks.
“I’ve been clear that I value Josh as a player,” Ferry told the Atlanta Journal-Constitution. “He has worked hard this summer and I believe he is going to have great season. I’ve been in contact with his representatives. Josh and his representatives have been clear that he is excited about the direction of the team and wants to be part of the future in Atlanta. That being said, I don’t expect the contract situation to be resolved until next summer.”
Of course, it could be trouble for Smith if he sustains a serious injury or does not play up to expectations. From a security standpoint, it would behoove Smith to not get a deal done now. At the same time, another strong season would increase his stock and asking price.