NBA Rumors: Atlanta Hawks Sign Prized Free Agent Lou Williams

ESPN's Brian Windhorst announced on Twitter today that the Atlanta Hawks had agreed to terms for signing free agent Lou Williams. According to SI.com, Williams signed a multi-year contract, but details have yet to be disclosed at this time.

Williams was a prized commodity in the free-agent market this summer. He finished last season leading the Philadelphia 76ers in scoring despite never starting a game and finished second in the NBA Sixth Man of the Year Award (per ESPN.com).

Williams' career got off to a disappointing start when poor pre-draft workouts dropped him into the second round of the 2005 NBA draft. After being sent to the D-League, Williams was called back up to the 76ers to replace Allen Iverson. He soon became a consistent and occasionally explosive scorer (that could also run the point) for Philadelphia.

It's unclear at this time if the Hawks plan on having Williams and Teague share the point guard position or if Teague has just been converted into trade bait.

One thing that is certain, however, is that the Hawks' decision to hire Danny Ferry as their GM continues to look like it may be one of the best moves in the franchise's history. It also seems that Ferry has no intentions of simply "punting" the 2012-2013 season while waiting for next summer's free-agent market to open.

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