Andre Iguodala faces a big decision this summer which will have massive implications for the Denver Nuggets.
He can choose to complete the final year of his contract next season at the hefty salary of $16.2 million. Alternately, he can exercise his early termination option (ETO), becoming an unrestricted free agent and either working out a longer-term deal with the Nuggets or signing elsewhere. (more…)
According to Marc Spears of Yahoo! Sports, the Denver Nuggets have agreed to a three year contract with veteran Unrestricted Free Agent Andre Miller. Terms have not been disclosed as of yet. I can only hope that the contract is for less than MLE money. I also suspect the last year of the deal is only partially guaranteed.
It was more or less a foregone conclusion that JaVale McGee would become a restricted free agent, but Masai Ujiri’s penchant for secrecy couldn’t help but get a few fans worried when free agency opened without any official confirmation on McGee’s qualifying offer one way or the other. In a series of tweets on Sunday morning, Ken Berger of CBS Sports broke the silence and confirmed that the Nuggets have in fact gone through the obvious formality of extending the qualifying offer to McGee, making him a restricted free agent and allowing the Nuggets to match any offer he could receive from another team.
Berger went on to reveal that Rudy Fernandez did not receive a qualifying offer, essentially ending whatever slim hope there was of Rudy returning to the Nuggets or eventually being signed and traded to another team. Rudy will now be unrestricted and free to sign with any NBA team, but he’s currently rehabbing in Spain with an eye on playing in the London Olympics. From what I’ve been told about Rudy’s contract with Real Madrid during last year’s lockout, a deal is already in place for him to return to the Spanish team for multiple seasons after he has fulfilled his NBA contract. Considering Madrid just lost up-and-comer Kyle Singler to the NBA’s Detroit Pistons, I think it’s a safe bet they go hard after Rudy and even if they don’t, holding onto Rudy’s rights isn’t likely to pay off for the Nuggets anyway. I’m pretty certain this is farewell for Rudy and the Nuggets, and quite possibly the NBA as well.
Woj followed up with the latest bit of interesting free agency news today, revealing that Masai Ujiri will meet with JaVale McGee on Monday to talk extension. I expect there to be a pretty competitive market for JaVale’s services, but the Nuggets do have the leverage of restricted free agency and Berger mentioned that JaVale has yet to receive an offer from another team.
As of now, that’s all to report on where the Nuggets currently stand in free agency. JaVale is obviously the top priority with unrestricted free agent Andre Miller not far behind. Jeremy already did a great job previewing free agency last week, and while I do not mean to rehash his entire post, I’ll bring up a lot of the same points to preview how I think free agency is likely to play out for the Nuggets.
The Denver Nuggets have an opportunity to add a quality player, or three, in the upcoming NBA Draft, soon after that free agency will kick off so it is important to know how the Nuggets stand heading into both events. Kalen has been doing a fantastic job of covering the draft so I will lay out a picture of the Nuggets financial standing and provide a few insights into the upcoming free agency period.
For those that followed our last installment yesterday, this is more of the same. News and commentary updated here as it comes out. Feel free to follow Jeremy, Kalen and Charlie on twitter to find out when we post an update. Not to get anyone’s hopes up but rumors are out that more decisions are expected today, particularly in the case of Nene to the New Jersey Nets.
Free Agency hasn’t started yet, but that has caused no shortage of drama in what is sure to be the craziest NBA offseason ever. By now you’ve all heard news of the Chris Paul deal that wasn’t. The league office will open for business at 12pm MST today and it will be very interesting to see how fast the frenzy will unfold one day after the infamous Veto. This post will be updated with any Nuggets developments and our thoughts on them, so check back throughout the day.
With the lockout mercifully ended after 149 days, it’s only natural to look back at the excruciating journey and wonder what it was all for. After an effort led in large part by teams like the Denver Nuggets, the NBA finally has a revised labor deal it has so badly wanted for years.
In fact, I can’t think of a team more impacted by this labor impasse than the Nuggets. After all, it was the expiration of the prior CBA that ultimately spurred Carmelo Anthony’s demand for a trade, which he ended up getting after a year-long public soap opera last season. It was also the reason Denver elected to put their future on hold, balking at signing valuable free agents like Arron Afflalo and Nene to contract extensions they most likely deserved. Now it’s time to play ball and answer some of the tough questions about whether a new CBA can indeed help level the playing field for teams like the Denver Nuggets.
Masai Ujiri and Josh Kroenke will open for business with a blank canvas to paint. With the amnesty clause at their disposal the Nuggets could potentially have the most cap space of any team in the league. How do they take advantage of the new CBA as we enter the next era of Denver basketball? What do they start building with right now when free agency opens on December 9th?