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Atlanta will not match offer for Tim Hardaway, who will join the Knicks. Again.

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Timmy’s officially back.

New York Knicks v Boston Celtics Photo by Jared Wickerham/Getty Images

If you were holding onto the hope that Tim Hardaway’s current team, the Atlanta Hawks, would match the big offer sheet the Knicks signed him to on Thursday night, I have some bad news for you.

In a bizarre twist, this now makes Hardaway the first Knicks draft pick since 1994 first-rounder Charlie Ward to sign his second NBA contract with the club. They finally broke the streak! They just happened to do it in the Knicksiest way possible!

For any soccer (or European basketball) fans among us, think of it this way: New York loaned Hardaway out to Atlanta for a few years before recalling him. Real Madrid did the same thing with Willy Hernangomez, loaning him to Sevilla. It was there that Knicks scouts noticed him while they were there to check out his buddy, Kristaps Porzingis. That worked out pretty well! Maybe this will, too!

If it makes you feel any better, Timmy is already working out. Welcome back!

Update:

So apparently this deal means the Knicks are more intent on trading Carmelo Anthony to the Rockets(???). Per Adrian Wojnarowski:

The Knicks' acquisition of Hardaway Jr., to the staggering deal is expected to trigger a renewed willingness to work with the Houston Rockets on trade scenarios to unload Carmelo Anthony, league sources told ESPN.

...

The Knicks do not imagine a scenario where Hardaway Jr., is sharing the floor with Anthony to start the season, league sources told ESPN.

Don’t take back Ryan Anderson’s big-ass contract, Knicks! DON’T DO IT!