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CHARLOTTE, N.C. (AP) -- Raymond Felton signed Charlotte's one-year, $5.5 million qualifying offer on Wednesday after the restricted free agent was unable to come to teams on a long-term contract.
The move means the Bobcats starting point guard will report on time to training camp next week, then become an unrestricted free agent next summer.
"Raymond didn't want this to be a distraction to his teammates or to the organization going into training camp. So we just decided it was time," agent Kevin Bradbury said. "Raymond wanted to move on. He didn't want this to linger anymore."
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Felton averaged 14.2 points and 6.7 assists last season and won over new coach Larry Brown, who said keeping Felton was a top offseason priority.
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