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Lin finalizing buyout with Hawks, to sign with Raptors

February 11, 2019

UNIONDALE, NY – OCTOBER 11: Jeremy Lin #7 of the Brooklyn Nets moves the ball during a preseason NBA basketball game against the Philadelphia 76ers on October 11, 2017 at NYCB LIVE, home of the Nassau Veterans Memorial Coliseum in Uniondale, New York. Nets won 133-114. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Paul Bereswill/Getty Images)

Atlanta Hawks guard Jeremy Lin is finalizing a contract buyout, clearing the way for him to sign with the Toronto Raptors, his agents told ESPN.

Agents Jim Tanner and Roger Montgomery were expected to complete the buyout with the Hawks as soon as Monday, they said, and Lin could sign with the Raptors as soon as midweek.

Lin’s salary — $13.8 million for the 2018-19 season — makes it impossible for a team to claim him off waivers.

Lin, 30, has averaged 10.7 points, 3.5 assists and 2.3 rebounds for the Hawks this season. He has had stops with the Warriors, Knicks, Rockets, Lakers, Hornets and Nets in his eight-plus seasons in the league.

Lin is expected to play a significant role for the Raptors as they replenish their bench after a blockbuster deal with the Grizzlies for Marc Gasol. Lin will play minutes in a formidable role behind Kyle Lowry and Fred VanVleet.

Courtesy: ESPN.com