Post by kfkorn on Aug 22, 2006 1:56:55 GMT -5
The Indiana Pacers, after a seemingly interminable wait, appear to be closing in on a deal that formally secures the return of swingman Al Harrington.
Arn Tellem, Harrington's new agent, told ESPN.com on Monday night that the Pacers are "very close" to finalizing a sign-and-trade arrangement with the Atlanta Hawks that's been weeks in the making.
Harrington, according to NBA front-office sources, is expected to sign a four-year contract worth $35.3 million with the Hawks, who will then deal him to Indiana. It's believed that the Pacers will complete the swap without making a cash payment to the Hawks, who originally sought the maximum $3 million that teams can add to trades.
Atlanta would receive a future first-round pick in exchange for Harrington. It was not immediately known if Indiana will also acquire third-year center John Edwards, whose departure would remove an extra $1.1 million from the Hawks' payroll.
Arn Tellem, Harrington's new agent, told ESPN.com on Monday night that the Pacers are "very close" to finalizing a sign-and-trade arrangement with the Atlanta Hawks that's been weeks in the making.
Harrington, according to NBA front-office sources, is expected to sign a four-year contract worth $35.3 million with the Hawks, who will then deal him to Indiana. It's believed that the Pacers will complete the swap without making a cash payment to the Hawks, who originally sought the maximum $3 million that teams can add to trades.
Atlanta would receive a future first-round pick in exchange for Harrington. It was not immediately known if Indiana will also acquire third-year center John Edwards, whose departure would remove an extra $1.1 million from the Hawks' payroll.
Pacers, Hawks revive Harrington trade