ATLANTA -- With seven of their eight proposed new owners on hand, the Atlanta Hawks announced Thursday they have matched the three-year, $22.5 million offer sheet guard Jason Terry signed with the Utah Jazz.
Terry, who has averaged 16.1 points per game in his first four seasons with Atlanta, proclaimed Thursday, "This is where I always wanted to be."
Terry admitted that he had been apprehensive about the future of the team before AOL Time Warner announced a deal on Sept. 16 to sell the Hawks, the NHL's Atlanta Thrashers and operating rights to Philips Arena for $250 million to an eight-man ownership group headed by Boston businessman Steve Belkin.
The sale still must by approved by the respective leagues. Belkin said the contract agreement with Terry was reached with the cooperation of Time Warner officials.
Terry set a career high with his average of 7.2 assists per game to go along with his 17.2 points per game last season.
"He exemplifies everything we like in our players, in his ability to play more than one position and his character on the court and off the court," said Hawks general manager Billy Knight.