Tuesday, November 2, 2010

Horford resign with Atlanta Hawks

All-Star Dominican Al Horford, and his agent Arn Tellem, agreed yesterday to a contract for 5 years and 60.0 million dollars, with NBA team Atlanta Hawks whose business also includes incentives to player performance.

The parties had until today to negotiate and reach an agreement or Horford but would have become a restricted free agent next summer.

The Hawks and Tellem opening negotiations at the start of training camp, but there was little movement on the table as recently as two weeks ago. With the deadline so close, the two sides met this weekend and came to an agreement.

"It happened what was predicted," Horford said yesterday after practice. When we finally reached an agreement, I'm super excited. "

Horford's agreement is similar to the extension that did Florida University teammate, Joakim Noah, with the Chicago Bulls. Horford, the Hawks selected as the No. 3 pick in the draft 2007 and Noah was No. 9 for the Bulls.

"From the moment he arrived in Atlanta, Al has been a big part of our success," said general manager Rick Sund. "The winning tradition that brought the franchise as a rookie from Florida has been extended to three consecutive playoff seasons with the Hawks uniform."

Horford was eligible for an extension of five years and up to U.S. $ 82.0 billion in the terms of the current collective bargaining agreement, which expires in June. The final terms of the extension could be changed when the league and the players agree on a new collective agreement, but Horford would have a contract that must be honored.

"It's great to be able to reach this agreement for peace of mind," said Horford. "It was easy to get out and concentrate on basketball, it's my priority, for starters. So I'm happy about that part. "

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