The Hawks value veteran combo guard CJ McCollum as more than just an expiring contract, according to Grant Afseth of DallasHoopsJournal.com, who hears from sources that Atlanta has discussed the idea of offering the 34-year-old a one-year extension worth around $20MM.
McCollum, who is being traded to Atlanta along with Corey Kispert in the move that will send Trae Young to the Wizards, is earning $30.67MM in 2025/26, which is the final season of his current deal.
Although McCollum has been in the NBA since 2013, he has technically never been a free agent, agreeing to three different contract extensions over the span of his career. It’s unclear if he’d prefer to test free agency in 2026 or potentially sign a short-term deal at some point after he’s officially traded to the Hawks.
According to Afseth, Atlanta views McCollum as a complementary ball-handler and scorer alongside the team’s young core. The team also likes his ability to play both on and off the ball, Afseth writes.
McCollum started each of the Wizards’ first 35 contests, averaging 18.8 points, 3.6 assists and 3.5 rebounds on .454/.393/.804 shooting in 30.9 minutes per game. He was in his first season with Washington after being acquired in an offseason trade with New Orleans.
A potential one-year extension with McCollum would allow the Hawks to maintain long-term financial flexibility while theoretically improving their chances at staying competitive in the short term, Afseth notes.