Paul Pierce opts out

Options
killap
killap Members Posts: 3,430 ✭✭✭✭✭
edited June 2010 in From the Cheap Seats
Add one more marquee name to the most anticipated free-agent class in NBA history: Paul Pierce.

Sources close to the situation told ESPN.com that Pierce has notified the Boston Celtics that he will opt out of the final year of his contract before Wednesday's deadline to do so, which will make Pierce an unrestricted free agent for the first time in his career.

By opting out, Pierce will forfeit next season's $21.5 million salary but becomes eligible to sign a new four-year deal with the Celtics worth a maximum of $96 million and can receive four-year offers from other teams worth a maximum $93 million.

Pierce's name has scarcely been mentioned in the buildup to the summer of 2010 free-agent bonanza because, as with Dallas' Dirk Nowitzki, most rival executives believe that the Celtics would never allow the go-to scorer of the 2008 championship team to walk.

Sources said that Pierce will begin free agency by talking first to the Celtics when the market opens on Thursday at 12:01 a.m., but the 32-year-old will field other offers.

External interest in Pierce is hard to gauge because there has been so little discussion in recent months about his potential free agency and because of the heavy load he has carried for the Celtics in recent seasons. Yet Pierce just played a pivotal role in helping Boston to reach the NBA Finals and take the Los Angeles Lakers to seven grueling games as a No. 4 seed in the East.

Asked recently to gauge the likelihood of re-signing Pierce, Celtics vice president of basketball operations Danny Ainge said last week on WEEI Radio in Boston: "I don't know because he may be able to get a long-term contract somewhere else. It may be better than what we have [to offer]."

http://sports.espn.go.com/boston/nba/news/story?id=5341636
«13

Comments