opt out of contract

It appears Paul Millsap will become an unrestricted free agent this summer. According to ESPN sources, Millsap has informed the Atlanta Hawks he’s opting out of the $21.4-million player option on his deal. This comes as no surprise as most expected the 32 year old to opt out of his final year in order to [...]

A season-ending Achilles injury won’t prevent Rudy Gay from opting out of his contract and joining the NBA’s free-agency ranks this summer. From the Sacramento Bee‘s Jason Jones: Forward Rudy Gay has informed the Kings he still plans to opt out of the final year of his contract and become an unrestricted free agent this summer, [...]

So much for Kyle Lowry’s return to the Toronto Raptors being a formality. The 31-year-old confirmed on Monday, a mere 24 hours after his team was eliminated from the playoffs by the Cleveland Cavaliers, that he would be opting out of his contract this summer: [tweet https://twitter.com/Eric__Smith/status/861614966180372481] We knew this was coming, so it’s not [...]