AnalysisThe deal will keep CJ McCollum out of free agency and on a Hawks roster that surged following his acquisition. Adam Hagy / NBAE via Getty ImagesJune 21, 2026 Updated 1:34 pm EDTCJ McCollum made an immediate impact after being acquired by the Atlanta Hawks at the trade deadline this past season. He’ll be sticking around because of it.The veteran guard has agreed to a one-year, $21 million contract extension to stay with the Hawks, a league source confirmed to The Athletic. ESPN was the first to report the agreement.The deal will keep McCollum out of free agency and on a Hawks roster that surged following his acquisition in the Trae Young trade with the Washington Wizards. Atlanta finished sixth in the Eastern Conference and pushed the eventual NBA champion New York Knicks to six games in the first round of the playoffs.What this means for the HawksGetting McCollum on a one-year deal has to be considered a win for the Hawks, almost regardless of the price. McCollum was a key contributor last season who needed to be brought back, but Atlanta faced the risk of being saddled with unwelcome out years on the tail end of a longer deal given that McCollum will be 35 when camp opens.