Atlanta Hawks officially announce Tiago Splitter trade, Paul Millsap signing

The NBA's free agent signing period has begun and the Atlanta Hawks have made official a pair of offseason moves. First the Hawks announced the acquisition of center Tiago Splitter in a trade with the San Antonio Spurs. To acquire Splitter, the Hawks dealt the draft rights of Georgios Printezis and a future second round pick to the Spurs.

"We're excited to bring Tiago to Atlanta. He's played an important role in a winning environment, has a great understanding of our system and will add to our core character," Budenholzer said. "Tiago also brings championship experience and we look forward to adding his interior presence to our team."

Splitter will wear No. 11 with the Hawks.

Atlanta also announced that the team has re-signed forward Paul Millsap. Terms of the deal were not released, but it is expected to be a 3-year deal in the neighborhood of $60 million. The deal also is said to include a player option on the final season.

"Re-signing Paul was a priority for us. His toughness, versatility, high basketball IQ and unselfishness is representative of the culture we are building," Budenholzer said. "We are excited that he will remain a part of our family."

The Hawks waived forward Austin Daye, who's contract was non guaranteed earlier on Thursday. The team also reportedly has an agreement in place with free agent Justin Holiday, but that deal has yet to be announced.