Report: Andre Iguodala to opt out of final year of deal with Denver Nuggets

06/14/2013 4:33 PM ET
By Chantz Martin

Andre Iguodala plans to test free agency after one season in Denver.(AP)
Denver Nuggets forward Andre Iguodala plans to opt out the final year of his contract, according to Adrian Wojnarowski of Yahoo! Sports.

Iguodala’s agent, Rob Pelinka, informed Nuggets management of his client’s decision to test the free agent market on Thursday in Los Angeles.

"We are fully aware of Andre's intentions and he's well aware of how much we want him back," Nuggets CEO Josh Kroenke told Yahoo! on Friday. "Andre is a huge priority for our organization."

Per NBA League policy, Iguodala has until June 25 to exercise his right of early contract termination and forego the $15.9 million he is currently owed for 2013-14. While staying under contract would only allow Iguodala to seek up a three-year extension with the Nuggets, opting out would give him the flexibility to sign a new five-year deal with Denver or a four-year deal anywhere else.

Iguodala, 29, came to Denver as part of last summer’s blockbuster four-way trade involving Dwight Howard after spending his first eight NBA seasons in Philadelphia. A first-time All-Star in 2012, he will certainly draw big interest on the free agent market considering his strong season, which saw him average 13.0 points, 5.3 rebounds, and 5.4 assists in helping the Nuggets set a franchise record for wins and then average a 18-8-5 line in Denver’s playoff series with Golden State.

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