Source: Trae Young Expected To Sign Max Contract With Atlanta Hawks

Update: ESPN’s Adrian Wojnarowski reports that Trae Young and the Atlanta Hawks have agreed on the 5-year maximum contract extension (see Tweet below).

Atlanta Hawks All-Star G Trae Young has agreed to a five-year, $207 million designated rookie maximum extension, his agent Omar Wilkes of @KlutchSports tells ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021

Trae Young is expected to sign the 4+1 max contract with the Atlanta Hawks, which he is eligible for on Monday night, a league source said on Monday.

Per a league source: Trae Young is expected to sign the 4 +1 max contract with the Atlanta Hawks which he is eligible for tonight. @jeffschultzATL first.

Don’t forget: if Trae makes an All-NBA team next season the deal is worth over $200 million.
— Ben Stinar (@BenStinar) August 2, 2021

Jeff Schultz of the Athletic also reported that Young was expected to sign the deal earlier in the day.

The Hawks and guard Trae Young are expected to finalize terms on a max contract shortly after midnight, a source told @TheAthletic. The NBA technically doesn't allow extension of rookie deals until after midnight.
— Jeff Schultz (@JeffSchultzATL) August 2, 2021

More on the deal can also be read from Sam Amick in The Athletic here, and his Tweet can be seen below.

As @JeffSchultzATL noted, sources say the Hawks and Trae Young are expected to finalize a max extension tonight. Deal will be for five years, $170 million, with a supermax trigger that could push it to $201.5 million. Hawks meeting with Trae in LA tonighthttps://t.co/3KjwsFnouS
— Sam Amick (@sam_amick) August 2, 2021

Young led the Hawks to the Eastern Conference Finals last season, and was an All-Star in 2020.