The Atlanta Hawks showed great faith in point guard Dennis Schröder when the team decided to trade long time point guard Jeff Teague to the Indiana Pacers. Before the Hawks’ first game of the 2016-17 season, the organization doubled down on its commitment to the German native by signing him to a reported four-year, $70 million extension:
https://twitter.com/DennisMike93/status/791369402285457416
Dennis Schroeder and the Hawks have agreed to a four-year, $70 million extension, according to league sources
— Marc Stein (@TheSteinLine) October 26, 2016
Atlanta has doled out $70-million contracts to Schröder, Dwight Howard and Kent Bazemore over the past three months.