Jul 31, 2006 12:32 PM EST
The rumored sign-and-trade deal between the Hawks and Pacers involving Al Harrington is becoming more clear as Atlanta has laid out their demands.
According to sources, the Hawks want the Pacers to part with a future first-round pick, absorb the contract of third-year center John Edwards and kick in $3 million in cash considerations, which is the maximum amount any team can add to a trade.
It's believed that the Pacers want to either scale back the quality of the draft pick or reduce the cash contribution, which is the reason that the trade has yet to be completed.
Industry sources say no one else but the Pacers are presently chasing Harrington, as officials from around the league see his return to Indiana as an inevitability.
Atlanta is expected to sign Harrington to a six-year contract worth nearly $57 million and send him to Indiana. Separate trade exceptions to add Harrington and Edwards to their payroll, without shipping any players to the Hawks, would then enable the Pacers to complete the exchange.
Via ESPN
Atlanta Hawks, Indiana Pacers
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With the Pacers already having 15 players under contract, which is the NBA maximum, and that number soon to climb to 16 with the iminent signing of guard Jimmie "Snap" Hunter on Wednesday, the Indianapolis Star is reporting that more moves are expected to come shortly for the team.
Hunter's contract will carry only a partial guarantee of about $100,000, according to the report.
The team is still expected to acquire ex-Pacer Al Harrington from the Hawks in a sign and trade, but will not be giving up any players. They're also hoping to add a center or power forward and perhaps a perimeter shooter.
They're armed with a $7.5 million trade exception and the mid-level exception, which would allow them to offer a contract starting at $5.2 million, but some of their changes will have to be accomplished with more trades.
They also have the option of releasing Josh Powell and Rawle Marshall, two minimum-salary, one-year veteran forwards obtained in the trade with Dallas that also brought Darrell Armstrong in exchange for Anthony Johnson.
Marshall's contract becomes guaranteed for next season if he's still on the Pacers' roster after Aug. 7. Powell's becomes guaranteed if he's on the roster after Oct. 1.
The Pacers are reluctant to let them go, however. Both are young, athletic and improving, and have given indications they belong in the league.
"The more I look at it, I kind of like it," CEO Donnie Walsh said of the possibility of the two staying with the team.
Via Indianapolis Star
Indiana Pacers
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The trade exception that the Hornets gave the Pacers in exchange for Peja Stojakovic have led some to wonder about the motives behind the move. Some believe that it was for the Hornets to win favor with the Pacers in attempts to help in a potential relocation, while also keeping Al Harrington out of the Western Conference.
Andy Miller, the agent for Harrington, said he and Harrington were still considering other offers when the Hornets and Pacers agreed to the trade. He added that he didn’t think the Pacers “under any or every circumstance were going to get Al Harrington.”
“I have no idea about the relationship between the two owners,” Miller said. “Being actively involved in the whole process, I can tell you that when it was announced that (the Pacers) received a trade exception, we hadn’t made a decision whether we were going to Indiana or any other team that was pursuing us.
“So from a conspiracy theory perspective, it doesn’t have any weight, because we’re not a part of that theory and we hadn’t made a decision yet.”
Via Oklahoman
New Orleans Hornets, Golden State Warriors, Indiana Pacers
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Pacers Jul 2006 Archive
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Press Relase | Jul 28, 2006
The Indiana Pacers announced Friday they have signed free agent Maceo Baston.
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Atlanta Journal-Constitution | Jul 28, 2006
The amount of cash the Pacers will send to the Hawks as part of the sign and trade for Al Harrington is holding up the deal, according to sources
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Press Release | Jul 24, 2006
The Indiana Pacers announced Monday they have acquired guard Darrell Armstrong, swingman Rawle Marshall and forward Josh Powell from the Dallas Mavericks in exchange for point guard Anthony Johnson.
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ESPN | Jul 24, 2006
Multiple front office sources believe that the Al Harrington sign-and-trade deal is nearing completion.
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FOX Sports | Jul 23, 2006
High flyer Fred Jones will sign with the Toronto Raptors in the next few days according to his agent Bill Duffy.
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Indianapolis Star | Jul 23, 2006
Veteran guard Darrell Armstrong appears to be Indiana bound, while Anthony Johnson will join the Mavericks.
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WTHR.com | Jul 20, 2006
According to WTHR in Indianapolis, Al Harrington will be returning to the Indiana Pacers upon the completion of a sign-and-trade deal with the Atlanta Hawks.
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Indianapolis Star | Jul 14, 2006
With one of the biggest trade exceptions in league history, the Pacers will have the ability to pull off a major trade and could land Al Harrington with it.
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Contra Costa Times | Jul 14, 2006
The Warriors, Pacers and Al Harrington are waiting on the Atlanta Hawks for a resolution to the forward's free agent status.
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Larry Coon FAQ | Jul 13, 2006
According to Larry Coon in his 'Salary Cap FAQ,' six teams were forced to pay the luxury tax for the 2005-2006 season.
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Sacramento Bee | Jul 13, 2006
Most people were suprised when Peja Stojakovic bolted Indianapolis for New Orleans, but Stojakovic told media that a major reason for his decision was reconnecting with head coach Byron Scott.
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Atlanta Journal-Constitution | Jul 13, 2006
It appears that Al Harrington will either be with the Pacers or the Warriors next season, but he'll have to wait before he learns which one it will be, the Atlanta Journal-Constitution.
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ESPN | Jul 12, 2006
Peja Stojakovic officially joined the Hornets Wednesday, with the Pacers and Hornets agreeing to a sign and trade, rather than a straight signing, the Associated Press is reporting.
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Press Release | Jul 12, 2006
The Indiana Pacers announced Wednesday they have acquired forward/guard Marquis Daniels from Dallas in exchange for forward Austin Croshere.
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Indianapolis Star | Jul 12, 2006
Contrary to reports, the Indiana Pacers are not interested in Sacramento free agent Bonzi Wells, the Indianapolis Star is reporting.
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Journal Times | Jul 11, 2006
Jamaal Magloire is expected to be traded within the next few days and there are five teams that the Bucks' are weighing offers from.
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Draftexpress.com | Jul 11, 2006
Despite the wishes of teammate Ron Artest, Bonzi Wells may be heading to Artest's former stomping grounds in Indianapolis.
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Indianapolis Star | Jul 10, 2006
Orien Greene, waived by Boston on Friday, was claimed by the Pacers on Sunday and will join their summer league team in Orlando this week.
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ESPN | Jul 7, 2006
The Indiana Pacers exercised contract options on former first-round draft picks Danny Granger and David Harrison, and cut former Notre Dame standout Chris Thomas from their rookie/free agent camp roster on Friday.
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Press Release | Jul 6, 2006
The Indiana Pacers announced Thursday the signing of first-round draft pick Shawne Williams, and James White, acquired in a draft-day trade, to contracts.
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Dallas Morning News | Jul 6, 2006
Marquis Daniels felt his time with the Mavericks was coming to an end after his opportunities diminished when Avery Johnson became head coach, the Dallas Morning News is reporting.
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Indiana Star | Jul 5, 2006
The Pacers have acquired Marquis Daniels, sending Austin Croshere to the Mavericks
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Atlanta Journal-Constitution | Jul 4, 2006
The Hawks are actively looking to complete a sign and trade deal, possibly involving Indiana or Golden State.
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Sports Illustrated | Jul 3, 2006
Moving on after missing out on Peja Stojakovic, the Pacers reportedly are interested in Sacramento's Bonzi Wells, an Indiana native who played at Muncie Central High School and at Ball State, according to the Associated Press.
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Indianapolis Star | Jul 3, 2006
"I know there has been some interest there in Indiana," Al Harrington said.
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Deseret News | Jul 3, 2006
With Peja Stojakovic finding a new home in New Orleans, the Jazz may make a play for Hornet free agent Rasual Butler, the Deseret News is reporting.
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Indianapolis Star | Jul 2, 2006
Having nothing to show for Ron Artest, the Indiana Pacers have turned to trying to acquire ex-Pacer Al Harrington via a sign and trade, the Indianapolis Star is reporting.
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CBS Sportsline.com | Jul 1, 2006
Peja is headed to the Big Easy after signing a $64 million contract.
