Now the real work begins for the Nuggets in trying to retain their starting center.
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.
Nene opted out of the final year of the six-year, $60 million contract that he signed in 2006.
Nene repeatedly has said he would like to retire in a Nuggets uniform. But he expressed concerns about his situation in a wide-ranging interview with The Denver Post after the season.