FanHouse: Tomasson: Rookie Contract Extension Deadline Extended

Good news if one assumes the Hawks will never pass up an opportunity to take a little more time to make a decision:

NBA teams will have one extra day this fall to make what could be some tough decisions on contract extensions.

NBA senior vice president of basketball communications Tim Frank confirmed Thursday that teams have until Nov. 1, rather than the usual Oct. 31, to make decisions on rookie contract extensions. The extra day is because Oct. 31 falls on a Sunday, so the deadline reverts to the next business day.

The deadline affects teams deciding whether to pick up the third- and fourth-year contract options of players drafted in the 2009 and 2008 first rounds and whether to sign players selected in the 2007 first round to extensions or let them become restricted free agents next summer.

Most prominently, this affects Al Horford but Jeff Teague's third-year option falls under this provision as well.