The latest from Sekou Smith:
http://http://www.ajc.com/sports/content/sports/hawks/stories/0814harrington.html
Harrington deal up to Pacers
By
SEKOU SMITH
The Atlanta Journal-Constitution
Published on: 08/14/06
The Hawks could finally complete their long-anticipated sign-and-trade for Al Harrington Monday if the Indiana
Pacers agree to the deal, a person familiar with the situation said Sunday.
The Hawks have agreed to sign Harrington to a six-year, $57 million deal and then send him and third-year center John Edwards to the Pacers for a future first-round draft pick, the person said.
Gone from the deal is the $3 million in cash the Hawks were seeking in addition to the draft pick before Harrington fired his agent.
Hawks general manager Billy Knight could not be reached for comment.
The Pacers have a $7.5 million trade exception they acquired last month in a sign-and-trade deal with New Orleans for Peja Stojakovic that allows them to complete the deal. The Hawks don't want to take back lengthy contracts that would put a stranglehold on the salary cap flexibility they've built up the past three years.
If the Pacers decline to complete the deal Monday, Harrington's list of options will grow at the same time Arn Tellem officially becomes his recognized agent. League rules stipulate a 15-day period between the time a player fires one agent and hires another.
As many as six other teams are waiting in the wings if the Hawks and Pacers can't complete the deal. The options for the Hawks and Harrington would multiply in that scenario, though the Hawks would have to agree to take players in return in order for any sign-and-trade deal not involving the Pacers. Those options include Harrington taking something other than a five- or six-year contract, perhaps something as short as three years, in order to make a deal work.
Another option that has remained a possibility since the free-agent negotiating period began July 1 is a multiple-team deal where Harrington gets the lucrative, long-term contract he desires and the Hawks maintain their salary flexibility by not taking on an unwanted contract. But that option requires at least one more team, and maybe more, to become reality.
The completion of the Harrington deal will allow the Hawks to finally sign Lorenzen Wright to the two-year, $6 million deal the former Hawks player and free agent center has agreed to sign.