Richard Jefferson opts out of Spurs contract

Jeff McDonald of the San Antonio Express-News reports:

Richard Jefferson opts out of Spurs contract

In a surprise move, Richard Jefferson has informed the Spurs that he intends to opt out of the final season of his contract and will become a free agent at midnight eastern time.

Jefferson was due to make $15 million next year. Opting out gives him the freedom to negotiate a long-term deal, in advance of a new collective bargaining agreement next season.

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Author: Inside Hoops

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