Atlanta Hawks: Hawks trade Willie Green for rights to Greek center Schortsanitis

Hawks GM Danny Ferry gained some more of the financial flexibility he covets by sending Willie Green to the Clippers in a sign-and-trade for the rights to Greek center Sofoklis Schortsanitis.

Schortsanitis signed a three-year contract with Athens club Panathinaikos earlier this month so chances are he won’t be joining Atlanta’s roster. The value for the Hawks in the deal is gaining a trade exception in the amount of Green’s first-year salary with the Clippers, which wasn’t immediately known.

Update: According to ESPN.com’s John Hollinger, the exception is worth between $ 1.65 million and $ 2.75 million.

A trade exception works as a sort of credit that would allow the Hawks to make a trade while over the salary cap without meeting the usual salary-matching requirements. The credit expires one year from the date of the trade.

The Clippers selected Schortsanitis in the second round of the 2003 draft. He was listed at 6-9 and 345 pounds while playing for the Clippers’ summer league …

Full News here – Atlanta Hawks

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