Report: Paul Millsap opts out of Hawks contract
Even after the Hawks’ season ended, Paul Millsap wouldn’t confirm he’d opt out of the final year of his contract.
But the All-Star finally made the inevitable official.
The 32-year-old Millsap would have earned $21,472,407 if he opted in. It’s a virtual certainty he’ll earn more than that next season – and gain long-term security in a multi-year contract.
He might even get a max starting salary, which projects to be worth more than $35 million. Over a five-year contract with Atlanta, his max projects to be worth $205 million ($41 million annually). If he leaves, his projected max is $152 million over four years ($38 million annually).
With that commitment and certain interest from other teams, how could Millsap do anything but opt out?
This isn’t a tell about his future with Atlanta. It’s an obvious financial decision.