Report: Nene to Become an Unrestricted Free Agent

by June 30, 2011
18


No real surprise here, as the Nuggets’ big man will reportedly test his worth on the open market. From the Denver Post: “Nene will opt out of the final year of his contract worth nearly $12 million and, as a result, become an unrestricted free agent, a source familiar with the situation said Wednesday night. It means Nene can sign with any team he wishes without the Nuggets getting a chance to match the offer when free agency begins after the expected NBA lockout, which likely will start Friday. Nene had until today to make a final decision. The Nuggets tried to sign him to a contract extension before today, the last day of the NBA’s collective bargaining agreement, but to no avail. Instead, Nene figures to have many suitors — including the Nuggets — as he explores his options. Nene opted out of the final year of the six-year, $60 million contract that he signed in 2006.”