Hawks Retaining Jeff Teague After Matching Bucks’ Four-Year Offer

by July 14, 2013

A few days ago, the Bucks offered point guard Jeff Teague a four-year, $32 million deal, which the Hawks then had the opportunity to match. Though Teague reportedly didn’t want Atlanta to do so, the AJC reports that they have indeed matched the offer and will retain the pg: “Jeff Teague is still a member of the Atlanta Hawks. The team matched the four-year, $32 million offer sheet from the Bucks on Saturday. The point guard, disillusioned with the progress of negotiations, signed the offer sheet on Wednesday. The Hawks had three days to match the offer and keep Teague in Atlanta at $8 million a season or let him go to Milwaukee. Teague would have been reunited with former Hawks coach Larry Drew. Teague, a restricted free agent, said he expressed to general manager Danny Ferry of his desire to continue his career elsewhere. However, the Hawks gained the right to match such an offer after making Teague a qualifying offer prior to the start of the NBA’s free-agency period.”