If this report is true, Joe Johnson will have a chance to sign a six-year, $119 million debt with the Hawks. That’s one extra year and twenty-seven million extra dollars to stay where he is. He won’t have to move lockers, let alone homes. $24.1 million will be his age-34 salary, which even Elin Nordegren thinks is an excessive amount of cash.
This should come as a blow to any other teams trying to sign Johnson, especially the Knicks, who wanted Johnson to sign for $11 million per year. The New York sales pitch is that players can make up the salary difference with endorsements, but is Joe Johnson really going to make $5 million a year in endorsements? Let alone, an EXTRA $25 million in endorsements? No way. If this were election night coverage, CNN would be calling the state of Joe Johnson for Atlanta.