Danilo Gallinari acquired by Hawks in sign-and-trade

The Hawks have officially acquired forward Danilo Gallinari as part of a sign-and-trade with the Thunder, according to a team press release.

The Hawks also received cash considerations from the Thunder. Oklahoma City received a conditional 2025 second-round pick and created a large trade exception through the transaction. According to ESPN’s Bobby Marks, it’s a $19.5M exception.

The Thunder also created a $27.5M exception by officially trading Steven Adams to New Orleans earlier in the day.

Gallinari signed a three-year contract reportedly worth $61.5M. He reached an agreement with Atlanta on Friday, the first day of free agency. 

Hawks GM Travis Schlenk said in the release:

“Danilo checks a lot of boxes for what we have prioritized. We wanted to add productive veterans and high-level shooting to our group and he provides both. At his size, he is one of the league’s most versatile and efficient scorers and he has proven to be the type of veteran you want in your locker room.”

Gallinari, 32, had a strong season in Oklahoma City in 2019-20, averaging 18.7 points and 5.2 rebounds on .438/.405/.893 shooting in 62 games (29.6 minutes). He’ll slot in at small forward, though he could also see extensive action at the 4 in smaller lineups.