Report: Before Knicks’ $71 million offer sheet, Hawks were willing to pay Tim Hardaway Jr. $48 million

The Knicks signed Hawks restricted free agent Tim Hardaway Jr. to a four-year, $71 million offer sheet.

That seems high, but can we get a baseline?

Zach Lowe of ESPN:

The Hawks were willing to offer Hardaway a four-year deal in the $48 million range, league sources said.

I think this means Atlanta won’t match. Congratulations, New York?

The New York Daily News put it so well on its back page:

Updated @NYDNSports back: Tim Hardaway Jr. signs $71M offer sheet to return to Knicks, but Hawks can still match – https://t.co/fx0CdhBtM3 pic.twitter.com/0Q4mRnT3BD

— Tom Biersdorfer (@TomBiersdorfer) July 7, 2017