Mo Williams To Opt Out

JUNE 23rd: Williams has formally informed Portland that he will become a free agent, agent Mark Bartelstein tells Jeff Goodman of ESPN (on Twitter).

MAY 16th: Williams said once more that he will opt out of his contract, as he told reporters, including Haynes, at the team’s exit interviews today (Twitter link). He’ll seek a three-year contract which he believes will be his last, notes Joe Freeman of The Oregonian (on Twitter),

JANUARY 9th: Mo Williams intends to turn down his 2014/15 player option at season’s end, becoming an unrestricted free agent, he tells Chris Haynes of CSNNW.com. According to Williams, opting out was always his plan, but he hopes to sign a new contract with the Trail Blazers in July.

“I would like to be here long-term,” Williams said. “My goal is to work something out with Portland this summer. I like it here and I want to make this place home…. For me, it’s about finishing my career the right way for the X amount of years that I have and I’d love to do it here because of the fan support, the familiarity with the coach and [GM] Neil [Olshey].”

Williams, 31, signed a two-year contract with the Trail Blazers in the offseason that will pay him $2.65MM this season, with a second-year player option worth $2.77MM. Often, in that sort of modestly priced two-year deal, the player option serves as an insurance policy — for instance, if Williams were to suffer a serious injury this spring, he’d have the chance to opt into the second year, ensuring him a regular pay check for 2014/15.

Many of Williams’ per-game averages this season (9.4 PPG, 24.4 MPG) are the lowest marks since his rookie year. Still, he has filled the role Portland had anticipated for him, providing a veteran presence and serving as a dangerous third guard off the bench, backing up Damian Lillard and Wesley Matthews. While he may not be in line for a big raise if and when he opts out, he could easily secure another multiyear deal.

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[…] Williams opted out of his deal with the Blazers to become an unrestricted free […]

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[…] That means the team is poised to retain its cap holds on Earl Watson and Mo Williams, who recently reiterated his desire to opt out, and enter the summer with the $5.305MM non-taxpayer’s mid-level […]