Ferry Deems New Contract For Josh Smith Unlikely During Season
Josh Smith is entering the final year of his contract with the Hawks but it is “unlikely” that he will be re-signed before the end of the upcoming season.
“I’ve been clear that I value Josh as a player,” Hawks general manager Danny Ferry said. “He has worked hard this summer and I believe he is going to have great season. I’ve been in contact with his representatives. Josh and his representatives have been clear that he is excited about the direction of the team and wants to be part of the future in Atlanta. That being said, I don’t expect the contract situation to be resolved until next summer.”
After the 2012-13 season, Smith will be eligible for a five-year extension worth about $120 million.