AJC: Hawks, Horford agree to 5-year, $60 million contract extension

[Hawksquawk]

The Hawks and Al Horford have agreed to a 5-year, $60 million contract extension. Atlanta’s All-Star center and his agent, Arn Tellem, are meeting with the team today this afternoon finalize the deal, which also is expected to include performance incentives.

The sides had until the end of business today to reach an agreement or Horford would have become restricted free agent next season.

“It happened like I’ve been predicting–down to the wire,” Horford said today after practice. “When we finally kind of agreed on everything, I was super excited.”

Horford’s deal is similar to the one signed by Bulls center Joakim Noah, his former teammate at the University of Florida. The Hawks selected Horford with the No. 3 overall pick in the 2007 draft while Noah was picked No. 9 by Chicago.

MC

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