Chris Dempsey of the Denver Post reports:

Nene

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.

InsideHoops.com editor says: That’s a lot of money to give up for that final year. I’m torn as to whether this is a good move for Nene or not. Hard to say without knowing what changes will come to the NBA CBA/salary system.

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