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 23, 2014, 7:12 PM EDT
Sacramento reportedly plans to file waiver claim on Casspi
Jul 23, 2014, 5:38 PM EDT
If Kevin Love goes to Cleveland does that impact Ray Allen’s decision?
Jul 23, 2014, 5:09 PM EDT
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Jul 23, 2014, 3:40 PM EDT
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Jul 23, 2014, 2:56 PM EDT
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Jul 23, 2014, 2:09 PM EDT
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Jul 23, 2014, 1:30 PM EDT
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Jul 23, 2014, 12:55 PM EDT
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Jul 23, 2014, 12:15 PM EDT
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Jul 23, 2014, 11:01 AM EDT
People descended upon LeBron’s neighborhood as rumors swirled.
Jul 23, 2014, 10:21 AM EDT
Stackhouse coached against Hollins at adidas Eurocamp in Italy this summer.
Jul 23, 2014, 9:47 AM EDT
LeBron has used more than just physical gifts to become all-time great NBA player
Jul 23, 2014, 9:16 AM EDT
Pacers center needs confidence more than a skyhook
Jul 23, 2014, 8:45 AM EDT
Russ Smith had a nice Summer League.
Jul 23, 2014, 8:00 AM EDT
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Jul 23, 2014, 1:00 AM EDT
As Cavaliers position themselves for Kevin Love trade, now was the time to sign No. 33 pick
Jul 23, 2014, 12:00 AM EDT
Bzdelik, who most recently coached Wake Forest, previously served as Nuggets head coach
Jul 22, 2014, 11:20 PM EDT
Bieber wearing a Nets hat, so you know what that means…
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