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.
May 25, 2015, 12:30 AM EDT
The Hawks’ night goes from bad to worse.
LeBron James posts triple-double, Al Horford ejected as Cavaliers take 3-0 series lead with OT Game 3 win over Hawks
May 25, 2015, 12:09 AM EDT
The Cavs are one win away from the Finals.
May 24, 2015, 11:00 PM EDT
He’s not wrong.
May 24, 2015, 9:46 PM EDT
A trend is becoming clear: Do not mess with Dellavedova.
May 24, 2015, 9:30 PM EDT
The question really is now much do you value the three?
May 24, 2015, 8:05 PM EDT
Matthew Dellavedova will start for the Cavaliers.
May 24, 2015, 6:30 PM EDT
The Lakers will be picking second in next month’s draft.
Report: Heat still considered the frontrunners to re-sign Goran Dragic, but he wants them to play faster
May 24, 2015, 5:00 PM EDT
Dragic can become a free agent this summer.
May 24, 2015, 3:30 PM EDT
The rapper wants Harden to apologize for stealing his dance.
May 24, 2015, 2:00 PM EDT
Korver suffered an ankle injury in Game 2.
May 24, 2015, 12:30 PM EDT
Cleveland has put in a bid for the 2018 event.
May 24, 2015, 11:00 AM EDT
Curry not only dropped 40, but he was talking back to the fans in Houston.
May 24, 2015, 9:30 AM EDT
Depending on what happens with the first two picks, Philadelphia could fill both requirements.
May 24, 2015, 8:00 AM EDT
If one play can sum up a game, this was it.
May 24, 2015, 12:57 AM EDT
There’s seemingly no solving Golden State’s dominant defense
May 24, 2015, 12:07 AM EDT
Houston has played well and valiantly this postseason, but the Warriors are simply better.
May 23, 2015, 10:32 PM EDT
He did it in nine fewer games than Miller.
May 23, 2015, 9:00 PM EDT
Great stuff from the game’s best player.
May 23, 2015, 7:30 PM EDT
Ross, and the Raptors, had a disappointing season.
May 23, 2015, 6:00 PM EDT
He certainly is one of the greatest ball handlers of all time.
- LeBron James posts triple-double, Al Horford ejected as Cavaliers take 3-0 series lead with OT Game 3 win over Hawks 10
- Kyrie Irving out for Game 3 for Cavaliers with knee tendonitis 3
- Lil B says James Harden is officially under the Based God’s curse 26
- Warriors don’t live by 3, die by 3. They live by defense, live by defense 9
- Stephen Curry drops 40, Warriors rout Rockets by 35 to take 3-0 series lead 27
- Hawks Kyle Korver out for remainder of playoffs with high ankle sprain 17
- Report: Scott Skiles in lead to become next Orlando coach 17
- Report: Jeff Van Gundy candidate for Pelicans’ coaching job 16