Free agency update: Options and offers

VIDEO: K.C. Johnson talks about the Bulls’ free-agency future

HANG TIME NEW JERSEY — Free agency officially tipped off at midnight ET on Tuesday morning. But before then, players and teams had to make decisions on options, qualifying offers, and non-guaranteed contracts. Here’s the low down on who’s staying and who could be going.

Player options

These players had an option in the final year of their contract. If they exercised it, they’re staying for one more year. If they declined it, they became free agents Tuesday morning.

Exercised (staying put)
Joel Anthony (BOS)
Darrell Arthur (DEN)
Tim Duncan (SAS)
Rudy Gay (SAC)
Jonas Jerebko (DET)
Andrei Kirilenko (BKN)
Zach Randolph (MEM)
Jason Richardson (PHI)
Nate Robinson (DEN)

VIDEO: Kings GM Pete D’Alessandro talks about Rudy Gay opting in with Sacramento

Declined (free agents)
Chris Andersen (MIA)
Alan Anderson (BKN)
Andray Blatche (BKN)
Darren Collison (LAC)
Glen Davis (LAC)
Channing Frye (PHX)
Francisco Garcia (HOU)
Danny Granger (LAC)
Udonis Haslem (MIA)
Josh McRoberts (CHA)
Anthony Morrow (NOP)
Byron Mullens (PHI)
Mo Williams (POR)
Nick Young (LAL)

Early termination options

This is the opposite of a player option, where you have to exercise the option to become a free agent. The three Knicks below each had one more year left on their contract, while the three Heat players had two more years (but with player options next summer).

Declined (staying put)
Andrea Bargnani (NYK)
Amar’e Stoudemire (NYK)

Exercised (free agents)
Carmelo Anthony (NYK)
Chris Bosh (MIA)
LeBron James (MIA)
Dwyane Wade (MIA)

VIDEO: GameTime discusses what might be next for Miami’s Big Three

Team options

Here, the decision lies with the team. If it exercised the team option, it keeps the player for another year. If the teams declined it, they allowed the player to become a free agent.

Exercised (staying put)
Jae Crowder (DAL)

Declined (free agents)
Chauncey Billups (DET)
Troy Daniels (HOU) – Restricted
Grant Jerrett (OKC) – Restricted
Chandler Parsons (HOU) – Restricted

Qualifying offers

Some players were eligible for restricted free agency. This group includes 2010 first-round draft picks who had their third and fourth-year options picked up and just completed their rookie contract, as well as other players who have played three or fewer seasons in the league.

Restricted free agency allows the team to match any offer the player receives from another team. But in order to have that right, the team must have issued the player a qualifying offer by Monday night. If a qualifying offer was not issued, that player becomes an unrestricted free agent.

The qualifying offer is binding as a one-year contract. If the player signs it, he’s under contract for next season. He could also sign an offer sheet from another team (which his team would have the ability to match), and he and his team could agree on a new, multi-year contract. The team also has the ability to rescind the qualifying offer going forward.

In the case of the three restricted free agents above, their teams declined their team options, but also issued qualifying offers to make them restricted.

Issued (restricted free agents)
Aron Baynes (SAS)
Eric Bledsoe (PHX)
Avery Bradley (BOS)
Nando De Colo (TOR)
Gordon Hayward (UTA)
Ryan Kelly (LAL)
Shelvin Mack (ATL)
Greg Monroe (DET)
Patrick Patterson (TOR)
Mike Scott (ATL)
Kevin Seraphin (WAS)
Isaiah Thomas (SAC)
P.J. Tucker (PHX)
Greivis Vasquez (TOR)

VIDEO: Avery Bradley talks about his offseason and hopes to stay with the Celtics

Not issued (unrestricted free agents)
Lavoy Allen (IND)
Gustavo Ayon (ATL)
Kent Bazemore (LAL)
Trevor Booker (WAS)
Jordan Crawford (GSW)
Ed Davis (MEM)
Robbie Hummel (MIN)
Bernard James (DAL)
Othyus Jeffers (MIN)
Darius Miller (NOP)
E’T’waun Moore (ORL)
Toure Murry (NYK)
Brian Roberts (NOP)
James Southerland (NOP)
Adonis Thomas (PHI)
Evan Turner (IND)
Ekpe Udoh (MIL)


Add the following players to the list of free agents. They were waived by their teams in the last few days so that their contracts didn’t become guaranteed.

James Anderson (PHI)
Doron Lamb (ORL)
Jameer Nelson (ORL)

VIDEO: The Magic pay tribute to Jameer Nelson’s 10 seasons in Orlando


  1. Ed says:

    I think if Ed Davis can ever get some real playing time, he’d be a pretty darn good NBA player

  2. KB24 says:

    lebron would be smart to go to LA [lakers]. he could get a max contract and make the most money from endorsements off the court. he could use kobe for the next 2 years and with the right pieces become a force in the league. Think of the “Lakers” packs Nike Basketball would make with Lebron and Kobe’s signature shoes

    • Dude says:

      As if Kobe will rescind his being alpha dog on the team. Boo.

      • kevin says:

        id rather see lebron go to LA Clippers just think about the havoc tht could bring around the league especially if melo joined him just think of tht starting lineup at center jordan at power griffin at small melo at sg james and then cp3 in at point that starting lineup would be unstoppable

  3. Duv says:

    @Sean. Who is CP24 lol

    • Wade says:

      Lebron, you better not let my kid take a pay cut so your #$$ can be with the Heat for an easy run at the title. You are nothing like MJ so don’t even bother to chase a ring.

  4. singh says:

    lebron should ask d-wade to return the favour and bring him to the cavs!!

  5. Hawk says:

    For the Hawks, get me Bazemore and Caron Bulter. Atlanta is shaping up to be the Spurs of the East.

  6. mark says:

    I feel like jameer neslon will be solid player for a few more years at be even coming off the bench on a team that is ready to win he has played a whole lot of ball and has been very serviceable his whole career and he should be on a contender maybe with 5th loss of Dfish the Thunder can use his ball security and and play making ability and if healthy with his minutes from 15 to 20 mins a game and he should be able to Manage that through a whole season and still affective through the playoffs a solid bench is what is needed to help the Thunder get by in the playoffs and move Westbrook to sg and the can cut down on the turn overs

  7. Cesar says:

    And Ray Allen??

  8. Superman12 says:

  9. Sean says:

    King James, D’wade, and CP24 will stay together. This year was a learning lesson, although they clearly lost to the better team, the Spurs, but next season Miami will be at the apex of the NBA. and claim another title. Go Heat go!

  10. rory ramirez says:

    Where is Patty Mills and Boris Diaw….

  11. Aryeh Bernstein says:

    Isn’t Luol Deng a free agent? Why isn’t he listed here?

  12. pacers fan says:

    Like to see the Pacers grab Jermaine O’Neal and/or Chris Anderson.. would have rather saw them add Mike Miller or Ray Allen……… not CJ Miles……