Reports: Hawks, Nickeil Alexander-Walker agree to $62M deal

The Atlanta Hawks plan to acquire shooting guard Nickeil Alexander-Walker in a sign-and-trade with the Minnesota Timberwolves, multiple reports said Monday.
Alexander-Walker will receive a new four-year, $62 million contract that features a player option and a trade kicker, according to ESPN.
The deal will see Atlanta send Minnesota a 2027 second-round draft pick originally belonging to the Cleveland Cavaliers, along with cash, per the reports.
Alexander-Walker, 26, averaged 9.4 points, 3.2 rebounds and 2.7 assists while shooting 38.1 percent from 3-point range for the Wolves in 2024-25. He played in all 82 games, starting 10, in his second full season in Minnesota.
In six NBA seasons split among the New Orleans Pelicans (2019-22), Utah Jazz (2022-23) and Wolves (2023-25), Alexander-Walker has career averages of 8.6 points, 2.5 rebounds and 2.3 assists per game across 381 games (68 starts).