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Report: RFA Tim Hardaway Jr. signs four-year, $71 million sheet with Knicks

Hawks 76ers Basketball

Atlanta Hawks’ Tim Hardaway Jr. in action during an NBA basketball game against the Philadelphia 76ers, Wednesday, March 29, 2017, in Philadelphia. (AP Photo/Matt Slocum)

AP

The New York Knicks need help in the back court, and now they have made a move to solidify their rotation.

According to multiple reports, the Knicks have signed Atlanta Hawks guard Tim Hardaway Jr. to a four-year, $71 million restricted free agent offer sheet.

Dealing now with a roster that looks completely different from just a few years ago, the Hawks have two days to respond to the offer sheet.

Via Twitter:

Hardaway Jr. averaged 14.5 points, 2.8 rebounds, and 2.5 assists per-game for the Hawks last season.

On the face it’s hard to make sense of this deal. Hardaway Jr. has made some slow improvement in his four years in the league, but hasn’t shown enough of a standout talent to garner this kind of contract. In comparison, Portland guard Allen Crabbe signed a similar deal last season as a much better 3-point shooter and with the potential to become a good defender over time. And, at the moment, even that contract has felt like it was too rich..

Despite an exorbitant cap, this feels like an overpay. Hardaway Jr. spent the first two seasons of his career in New York, so they have some familiarity with him already, but at the moment this does not look like a fiscally sound investment for either team.