Phoenix Suns guard Eric Bledsoe (2) drwas the foul on Detroit Pistons forward Greg Monroe (10) in the third quarter at US Airways Center. Mandatory Credit: Rick Scuteri-USA TODAY Sports

Will the Atlanta Hawks spend their remaining salary cap space?

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All is quiet with the Atlanta Hawks.

At least in theory.

Danny Ferry and company are notoriously stingy about releasing information (or simply allowing any sort of leak), but with a considerable amount of cap space still available, even after the acquisitions of Thabo Sefolosha and Kent Bazemore, there is some intrigue left surrounding the club. With that, Steve Kyler of Basketball Insiders reports that the Hawks are “still very much engaged” in free agency:

The Atlanta Hawks currently have about $2.08 million in space and could open up an additional $6.75 million more by renouncing the cap holds on Elton Brand and Gustavo Ayon, giving them a possible $8.83 million to spend. The Hawks are still very much engaged on the free agent front so spending their cash is likely.

News that Ferry is still active in free agency isn’t a surprise, but with the relative silence, it is noteworthy. As Kyler notes above, the Hawks have nearly $9 million in available cap space, but more than that, they have a full roster of extremely movable contracts that would facilitate any sort of sign-and-trade deal that could become necessary.

The “big names” on the market include Detroit Pistons big man Greg Monroe and Phoenix Suns guard Eric Bledsoe, and while both are out of the theoretical price range for Atlanta, sign-and-trades could be possible. Below the tier of Monroe and Bledsoe, players like Shawn Marion, Emeka Okafor and Atlanta’s own Al-Farouq Aminu could be intriguing for the team, and with Mike Scott and Shelvin Mack twisting in the wind, there is still some roster flexibility.

Stay tuned to ATL All Day for the latest, but it is probably too early to assume that the Atlanta Hawks are a finished product at this point in time.

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