The wait is over and Josh Smith will stay with the Atlanta Hawks for the remainder of the season.
Atlanta is out of three-way talks with Orlando and Milwaukee, source tells Y! Sports.— Adrian Wojnarowski (@WojYahooNBA) February 21, 2013
Josh Smith will stay in Atlanta, league source tells Y! Sports. No deal.— Adrian Wojnarowski (@WojYahooNBA) February 21, 2013
The Hawks were reportedly part of a three-way deal that would have sent Smith and Orlando's J.J. Redick to the Milwaukee Bucks but pulled out right before the deadlline.
Atlanta had been looking for a deal that would bring back prospects, picks but no long term salary. The Hawks will now be faced with re-signing Smith this offseason. By not dealing Smith, the Hawks can offer him a deal that is worth up to 5-years at $94 million. Other teams will be limited to offering Smith a deal worth approximately $70 million over four years.