Paul Millsap has decided to opt out of his final year of his contract and is set to become a free agent this off-season. Millsap is set to walk away from $21.7 million for the next year.
The Verticals Shams Charania was first to report the news.
The Atlanta Hawks will make re-signing Millsap a top priority and Millsap is on record saying he would like to continue his career in Atlanta.
The move is likely for Millsap to cash in on the NBA’s exploding cap and is looking to cash in to make more money.
Millsap, who finished his fourth season with the Hawks, averaged 18.1 points and 7.7 rebounds per game this past year and has been named to the all star team for four consecutive seasons.
Millsap should have no shortages of suitors and the Hawks will have to offer a max contract to keep him around.
Teams such as the Orlando Magic (had heavy interest in acquiring Millsap last offseason and the Minnesota Timberwolves (need of a veteran Power Forward) will express interest in signing Millsap.
Dark horses like the Brooklyn Nets (tons of money to spend and dire need of talent) and the Phoenix Suns (rumored to acquire an all star for quite some time now) are teams to keep an eye on as well.
Millsap is another top talented player available as a free agent this off-season.