Thursday, September 25, 2003
Hawks match Jazz offer sheet, re-sign G Jason Terry
SALT LAKE CITY - In their first major move since last
week's ownership change, the Atlanta Hawks on Thursday re-signed
guard Jason Terry, who had signed an offer sheet with the Utah
Jazz on September 11.
The Hawks had until Friday to decide whether or not to match
Utah's offer. Terms of the contract were not disclosed, but the
Atlanta Journal-Constitution reported it to be a three-year
deal worth $22.5 million.
"We are ecstatic to have Jason return as a member of the Hawks,"
general manager Billy Knight said. "He is a dynamic young
player that represents all of the qualities we look for in our
A 1999 first-round pick, Terry has career averages of 16.1
points and 5.6 assists in 322 games, all with the Hawks. Last
season, he averaged 17.2 points and a career-high 7.4 assists.
Terry's signing gives some stability to a franchise that spent
the summer in a state of flux. Time Warner was looking to sell
the team and appeared close to reaching a deal with David
However, a sudden change of heart saw the media conglomerate
sell the Hawks, NHL's Atlanta Thrashers and Philips Arena to a
group of eight businessmen, several of whom made an unsuccessful
run at purchasing the expansion Charlotte NBA franchise.
While negotiations dragged on, Knight and coach Terry Stotts
were retaining their jobs only on an interim basis. Stotts even
interviewed for jobs with other teams.
Knight helped broker a four-team deal that saw scoring forward
Glenn Robinson sent to Philadelphia while receiving the contract
of injured Minnesota guard Terrell Brandon, who likely will
never play again.
Prior to the re-signing of Terry, the Hawks' only other
offseason move was the signing of reserve point guard Jacque
Meanwhile, the rebuilding Jazz again failed in a bid to add an
established player. This summer, they signed swingman Corey
Maggette to an offer sheet that was matched by the Clippers and
tried to lure free agent center Brad Miller, who eventually
landed with the Sacramento Kings.
With four days before rookies and young players report to
training camp, the Jazz remain approximately $8 million beneath
the salary floor of $32.8 million.