Alan Anderson Opts Out From Nets

JUNE 30th, 5:47pm: Anderson’s opt out is official, according to Eric Pincus of Basketball Insiders (on Twitter).

JUNE 29TH, 9:22am: Anderson will indeed opt out today, the final day for him to make his decision, a source tells Mike Mazzeo of (on Twitter).

MAY 2ND, 9:54am: Nets swingman Alan Anderson intends to opt out of his player option for next season and become an unrestricted free agent this summer, Tim Bontemps of The New York Post reports (Twitter link). The value of the swingman’s option for 2015/16 is $1,333,484.

Brooklyn already has $58,678,233 in guaranteed salary committed for the 2015/16 campaign, and another $2,705,539 in non-guaranteed funds currently on its books. These figures don’t include center Brook Lopez‘s player option worth $16,744,218, or Thaddeus Young‘s early termination option for $10,221,739. The Nets do possess Anderson’s Early Bird Rights, which means they could offer him an annual salary in the neighborhood of $6MM, but if Lopez and Young return the luxury tax hit would increase that figure exponentially. With the salary cap estimated to be in the area of $67MM next season, this likely won’t leave the team much wiggle room financially if it wishes to retain the 32-year-old’s services.

Anderson appeared in 74 games for Brooklyn this past season, including 19 contests as a starter. He averaged 7.4 points, 2.8 rebounds, and 1.1 assists in 23.6 minutes per game. The  veteran has appeared in a total of 287 games during the course of his career, averaging 7.9 PPG, 2.3 RPG, and 1.2 APG. His career slash line is .407/.346/.821.

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