Skip to main content

Report: Lou Williams to opt out of final year of 76ers contract

Lou Williams is the latest addition to the NBA free agent class of 2012. The Philadelphia Inquirer's John Mitchell reports via Twitter that the guard will opt out of the final year of his deal with the Philadelphia 76ers.

https://twitter.com/JmitchInquirer/status/214162009984483328

Though doing so does put Williams on the open market, the NBA's new collective bargaining agreement with the players gives the Sixers the upper hand in negotiations. The team is allowed to offer Williams a new five-year contract, two years more than other teams are allowed. Had Philadelphia extended Williams' deal, they could only have done so for an additional three years.

© 2024 ABG-SI LLC. SPORTS ILLUSTRATED IS A REGISTERED TRADEMARK OF ABG-SI LLC. - All Rights Reserved. The content on this site is for entertainment and educational purposes only. All betting content is intended for an audience ages 21+. All advice, including picks and predictions, is based on individual commentators’ opinions and not that of Minute Media or its related brands. All picks and predictions are suggestions only. No one should expect to make money from the picks and predictions discussed on this website. For more information, please read our Legal Disclaimer. Gambling content intended for 21+. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.