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Report: Paul Millsap opts out of Hawks contract

Atlanta Hawks v Washington Wizards - Game One

WASHINGTON, DC - APRIL 16: Paul Millsap #4 of the Atlanta Hawks walks off the floor in the second half of the Hawks 114-107 loss to the Washington Wizards in Game One of the Eastern Conference Quarterfinals during the 2017 NBA Playoffs at Verizon Center on April 16, 2017 in Washington, DC. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Rob Carr/Getty Images)

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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.

Shams Charania of Yahoo Sports:

Atlanta Hawks All-Star forward Paul Millsap has opted out of his $21.4 million contract for next season to become a free agent, league sources told The Vertical.

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).

The Hawks don’t yet have a general manager, but Millsap will reportedly negotiate directly with owner Tony Ressler, who said they’d make “every effort imaginable” to re-sign Millsap.

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.