Denver Nuggets

Jameer Nelson plans to opt out of his contract and become a free agent

Published Jun. 5, 2015 10:11 a.m. ET

foxsports

Jameer Nelson will likely opt out of the last year of his contract and test free agency this summer, according to RealGM.

"Nelson has not yet informed Nuggets officials of his final decision, but both sides have held discussions recently under the premise that the six-foot guard will enter the free-agent market and potentially continue negotiations with the team."

Nelson had one year and $2.85 million left on his deal. The Nuggets hoped Nelson would stick around and provide some veteran leadership to a locker room desperately in need of it, but seeing as how Nelson is entering the twilight of his career, it makes sense for him to go to a team that's contending, not rebuilding.

(h/t RealGM)

Photo credit: Chris Humphreys-USA TODAY Sports