Richard Jefferson Opts for Free Agency
Filed under: Spurs, NBA Free Agents
Spurs swingman Richard Jefferson has opted out of the final year of his contract and will become a free agent.
Spurs spokesman Tom James said the nine-year veteran informed the team Thursday. Jefferson was due to make about $15 million next year after underachieving in his first season in San Antonio.
Jefferson, who turned 30 years old this month, averaged 12.3 points last season, his lowest since his rookie year.
Coming off such a disappointing season, Jefferson likely won’t be able to earn all of the money he left on the table back in a single season, but as he told FanHouse’s Chris Tomasson in April, he hopes a temporary pay cut will result in long-term security.
Share “I probably wouldn’t make 15 [million dollars] some place, but you could somehow recoup some of that over a multi-year deal and get some guaranteed money for the next few years,” he said.
“So you figure it out. If you’re able to get four years and 40 [million dollars by opting out] from someone, it’s like, ‘OK, I did lose out on 15 [million dollars]. But I’m going to get basically a $25 million extension.’ Those are things that you think of at the end of the season.”
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