Skip to content

Report: Andre Iguodala decides to opt out of final year of contract to enter free agency

Jun 14, 2013, 3:00 PM EDT

Denver Nuggets Andre Iguodala reacts against the Golden State Warriors during Game 6 of their NBA Western Conference quarter-final playoff basketball game in Oakland Reuters

It has always been a distinct possibility that Nuggets forward Andre Iguodala would choose to opt out of the final year of his contract to become an unrestricted free agent.

The offseason moves of the front office in Denver, which included firing Coach of the Year George Karl and parting ways with Executive of the Year Masi Ujiri, likely made his decision that much easier.

From Adrian Wojnarowski of Yahoo! Sports:

Denver Nuggets forward Andre Iguodala has decided to opt out of the final year of his contract and enter free agency, Yahoo! Sports has learned.

Iguodala, 29, promises to be one of the most desired players on the summer market. His agent, Rob Pelinka, informed Denver CEO Josh Kroenke of the plan in a meeting on Thursday in Los Angeles.

“We are fully aware of Andre’s intentions and he’s well aware of how much we want him back,” Kroenke told Yahoo! Sports Friday afternoon. “Andre us a huge priority for our organization.”

Iguodala stated as recently as the end of March that this was the plan, and while he would let the playoffs have some influence over whether or not he’d play out the final year of a deal that would have paid him $15.9 million next season, it wouldn’t have been the most prudent move financially.

Even though his next contract will start at less than what he was slated to earn next season, signing a multi-year deal now guarantees Iguodala much more money in the future.

Under the terms of the collective bargaining agreement, he can sign a four-year deal with a new team, or get an extra year by choosing to stay with the Nuggets. Had he not chosen to opt out, Iguodala would only have been eligible for a three-year extension.

Iguodala will be coveted, but it’s a relatively crowded free agent class, especially if the big names decide to truly test the market. Dwight Howard, Chris Paul, and Josh Smith are among the guys Iguodala will be competing with for the dollars available under the salary cap.

It’ll be interesting to see what effect if any all of the recent changes in Denver have on the team’s ability to retain Iguodala, and whether or not the Nuggets will come up with the right amount of cash to retain his services.

Iguodala averaged 13 points, 5.3 rebounds and 5.4 assists per game in Denver last season, but his athleticism and ability to defend on the wing are the assets that will have several teams interested in him beginning July 1.

Latest Posts
  1. All PBT’s first round playoff previews in one place

    Apr 19, 2014, 2:15 AM EDT

    San Antonio Spurs v Miami Heat - Game 7 Getty Images

    Making your playoff preview reading convenient.

  2. Grizzlies guard Nick Calathes suspended 20 games for violating NBA’s anti-drug policy

    Apr 19, 2014, 1:54 AM EDT

    Nick Calathes, Damian Lillard AP

    Grizzlies’ guard will definitely be missed in the rotation.

  3. Craig Sager has acute leukemia

    Apr 19, 2014, 1:50 AM EDT

    Indiana Pacers v Miami Heat - Game Five Indiana Pacers v Miami Heat - Game Five

    We may not see him on the sidelines of TNT games these playoffs.

  4. NBA Playoff Preview: Brooklyn Nets vs. Toronto Raptors

    Apr 18, 2014, 11:55 PM EDT

    Brooklyn Nets v Toronto Raptors Getty Images

    This should be the East’s most competitive first round matchup.

  5. NBA Playoff Preview: Charlotte Bobcats vs. Miami Heat

    Apr 18, 2014, 10:31 PM EDT

    How quickly can Miami flip the switch?

  6. NBA Playoff Preview: Atlanta Hawks vs. Indiana Pacers

    Apr 18, 2014, 9:16 PM EDT

    Indiana Pacers v Atlanta Hawks Getty Images

    Can the Pacers regain their early-season swagger now that the playoffs are here?

  7. PBT Extra: Clippers/Warriors playoff preview

    Apr 18, 2014, 6:45 PM EDT

    Los Angeles Clippers v Golden State Warriors Getty Images

    Expect a fight by the end of Game 2.

  8. PBT Extra: Nets/Raptors playoff preview

    Apr 18, 2014, 5:50 PM EDT

    Kyle Lowry, Kevin Garnett, Deron Williams Kyle Lowry, Kevin Garnett, Deron Williams

    People shouldn’t sleep on the Raptors, particularly the Nets.

  9. NBA Playoff Preview: Dallas Mavericks vs. San Antonio Spurs

    Apr 18, 2014, 5:05 PM EDT

    Tony Parker, Samuel Dalembert Tony Parker, Samuel Dalembert

    Dallas has lost nine straight to San Antonio. Don’t expect that streak to stop now.

  10. Ties broken, NBA Draft lottery odds, second half of draft now set

    Apr 18, 2014, 4:19 PM EDT

    Grant Gilbert AP

    All the draft lottery odds are here, so Lakers fans can look and see what that little run of wins to close out the season did to their odds.

  11. PBT Podcast: NBA playoff preview edition

    Apr 18, 2014, 3:27 PM EDT

    Larry O'Brien trophy Getty Images

    We look at all 8 first round series.

  12. 2014 PBT Awards: All-NBA team

    Apr 18, 2014, 1:05 PM EDT

    Los Angeles Clippers v Houston Rockets Getty Images

    First-team frontcourt a constant, but guard spots debated

  13. Report: Steve Kerr “expects” to be offered, will take Knicks coaching job

    Apr 18, 2014, 11:44 AM EDT

    Virginia v Maryland Virginia v Maryland

    While nothing is set in stone (Mike Woodson has yet to be officially fired) you know back channel conversations have already taken place. It sounds like Kerr wants in.

  14. Jordan Brand unveils the Air Jordan XX9

    Apr 18, 2014, 11:10 AM EDT

    Jordan_XX9_695515-005_AJXX9_3Q_original

    Behold: The Air Jordan XX9.

  15. 2014 PBT Awards: Most Valuable Player

    Apr 18, 2014, 11:05 AM EDT

    Lebron James, Kevin Durant Lebron James, Kevin Durant

    Kevin Durant and LeBron James finish 1-2 on every ballot

  16. Why shot-location defense matters

    Apr 18, 2014, 10:33 AM EDT

    Chicago Bulls v Miami Heat Chicago Bulls v Miami Heat

    Playing effective NBA defense is more about dictating shot location than contesting shots.

  17. One more amazing thing LeBron James has done

    Apr 18, 2014, 10:00 AM EDT

    Toronto Raptors v Miami Heat Toronto Raptors v Miami Heat

    Taking a lot of 3s and making a lot of 2s is not easy

Featured video

Warriors vs. Clippers playoff preview
Top 10 NBA Player Searches
  1. C. Anthony (3397)
  2. L. James (3387)
  3. K. Love (3387)
  4. D. Williams (3377)
  5. D. Wade (3337)
  1. S. Curry (3269)
  2. R. Westbrook (3027)
  3. K. Durant (2883)
  4. R. Rondo (2706)
  5. A. Bogut (2667)