Friday 26th April 2024,
The Hoop Doctors

Denver’s Nene to Opt Out, Become Unrestricted Free Agent

Whenever the pending lockout allows, there will be some legit free agent names out there to be acquired. It’s not exactly the Summer of 2010 but there are a bunch of serviceable Centers available. We can now add Denver’s Nene to that list.

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.

Read more about Nene opting out at DenverPost.com.

 

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