The Hawks unload the three years and $78
million remaining on Collins' deal. It gives the Hawks a $25.3
million trade exception, the largest in the NBA, per the report.
Collins, 25, a Utah native, has spent his entire six-year career
with the Hawks after being selected No. 19 overall in the 2017
draft. The 6-foot-9 forward is averaging 15.8 points and 8.0
rebounds in 363 career games (313 starts).
Gay, 36, played the past two seasons in Utah, his fifth team
across a 17-year career. The 6-foot-8 forward has averaged 15.8
points and 5.6 rebounds in 1,120 career games (779 starts),
starting with Memphis from 2006-13.
Gay exercised his $6.4 million option for 2023-24 to facilitate
the trade, per the report.
The trade will not become official until July 6.
--Field Level Media
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