The Hawks have extended a qualfying offer to Jeff Teague. #ATLHawks— Chris Vivlamore (@ajchawks) June 30, 2013
As we discussed earlier, the Hawks had until midnight tonight to issue the qualifying offer or allow Teague to become an unrestricted free agent. No word on whether or not the Hawks have also extended an offer to Ivan Johnson.
(Editor's Note: Teague's qualifying offer is calculated at 4.531M per ShamSports.com and his cap hold is 6.082M which is 250% of previous salary. This amount will continue to count against the Hawks salary cap until he signs the QO, signs an offer sheet or the Hawks rescind the offer.)
Teague made 78 starts for Atlanta as point guard this season and finished with career highs in points (14.6) and assists (7.2). He was one of the players that new coach Mike Budenholzer talked about being eager to work with next season.
If a team signs Teague to an offer sheet the Hawks will have three days to decide on whether to match the offer or let him move on.