Denver Nuggets' Nene to opt out of contract, become an unrestricted free agent By Chris Dempsey The Denver Post
POSTED: 06/29/2011 08:37:53 PM MDT
UPDATED: 06/30/2011 12:02:42 AM MDT
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.