Jun 14, 2013, 3:00 PM EDT
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.
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.
Jul 1, 2015, 9:00 PM EDT
Not a good idea
Jul 1, 2015, 7:53 PM EDT
The Brad Stevens Effect
Jul 1, 2015, 7:40 PM EDT
Cleveland continues to soar over luxury-tax lines
Jul 1, 2015, 7:34 PM EDT
Would Paul Pierce agree to this if DeAndre Jordan were leaving town?
Jul 1, 2015, 7:07 PM EDT
Millsap had been flirting with Orlando but chose a shorter deal in Atlanta.
Jul 1, 2015, 7:04 PM EDT
Will Wright back up or replace Marc Gasol?
Jul 1, 2015, 6:43 PM EDT
Will that be enough to get Aldridge back to Portland?
Jul 1, 2015, 6:31 PM EDT
He is using this to leverage the Cavaliers, but the door is open.
Jul 1, 2015, 6:07 PM EDT
This is a contract the Thunder can live with or move, depending.
Jul 1, 2015, 4:51 PM EDT
Even if another team signs him to an offer sheet, the Warriors will just match it.
Jul 1, 2015, 4:47 PM EDT
Aldridge and Kobe Bryant didn’t quite click in their meeting.
Jul 1, 2015, 4:14 PM EDT
The Suns look like a team ready to run again.
Jul 1, 2015, 4:11 PM EDT
Boston gets nice value on a short-term frontcourt upgrade.
Jul 1, 2015, 3:09 PM EDT
The road to the NBA Finals out of the East — and maybe to the Larry O’Brien trophy itself — goes through Cleveland.
Jul 1, 2015, 2:55 PM EDT
Love returns, just as he maintained all season long.
Jul 1, 2015, 2:33 PM EDT
Butler will remain in Chicago as expected.
Jul 1, 2015, 2:28 PM EDT
The Pelicans were +10 per 48 minutes with an offensive rating of 111.9 (points per 100 possessions) when Anthony Davis and Ajinca were paired last season.
Jul 1, 2015, 1:23 PM EDT
New York is getting an audience with all the big names.
Jul 1, 2015, 12:29 PM EDT
Nice get for Toronto, and a Hawks team that won 60 games is going to look very different next season.
Report: Spurs reach deal to trade Tiago Splitter to Hawks, create cap space for LaMarcus Aldridge offer
Jul 1, 2015, 12:03 PM EDT
The Spurs can now offer Aldridge the chance to return to his native Texas and walk right onto a serious title contender.
- Reports: Paul Pierce agrees to three-year, $10 million contract with Los Angeles Clippers 17
- Report: LaMarcus Aldridge rules out Lakers in free agent decision 91
- Reports: Phoenix Suns sign Tyson Chandler, re-sign Brandon Knight, try to reshape roster 11
- Kevin Love will return to Cavaliers, contract is reportedly $110 million over five years 78
- Report: Spurs reach deal to trade Tiago Splitter to Hawks, create cap space for LaMarcus Aldridge offer 27
- Report: Heat, Goran Dragic agree to five-year deal worth $90 million 46
- Report: Paul Millsap had midnight meeting with Orlando, will decide between Magic and Hawks 17
- Report: Blazers, Damian Lillard nearing agreement on five-year max contract extension worth $120 million 17