Sixers don't sign Thaddeus Young to extension

[insidehoops]

The 76ers have chosen not to extend the fifth year of Thaddeus Young's rookie contract, allowing Young to become a restricted free agent. The deadline for an extension passed at 5 p.m. yesterday. Philadelphia Daily News

That doesn't mean the Sixers aren't interested in retaining Young, the No. 12 overall pick in the NBA's 2007 draft; they hold a right of first refusal on any offer to the forward from another team in the league. "We've had conversations with Rod [Sixers president Rod Thorn], and that's where I'll leave it," said Jim Tanner, Young's agent. Philadelphia Daily News

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[insidehoops]

"I'm disappointed that we were not able to work out an extension," Thaddeus Young said in a statement. "I would love to be with the team long term, but I recognize that the uncertainty in next year's CBA has an effect on the team's approach to contract extensions. My focus now is to continue to work hard with my teammates and new coaches to help improve our team and win games. The fans deserve that." Philadelphia Inquirer

Read more: http://www.insidehoops.com/nba_rumor...#ixzz14A8IOEUQ