Derrick Brown

Bobcats Pull Qualifying Offer To Derrick Brown

The Bobcats‬ have rescinded their qualifying offer to Derrick Brown, according to Rick Bonnell of the Charlotte Observer (via Twitter).  The Bobcats extended the offer to Brown, valued at nearly $1.1MM, on the same day that they made D.J. Augustin a restricted free agent.

Brown, 24, enjoyed a career year for the Bobcats as he averaged 8.1 PPG with 3.6 RPG in just over 22 minutes per game. However, it wasn't likely that Brown would see that kind of playing time with the Bobcats this year with Michael Kidd-Gilchrist and Jeffery Taylor expected to see major minutes at the three.

The 6'7" forward was a second-round pick of the Bobcats in 2009 before being waived in 2011 and hooking on with the Knicks.  Brown found his way back to Charlotte last winter for the minimum salary.

Qualifying Offers: Friday

With the NBA's 2012 free agent period just two days away, teams continue to extend qualifying offers to free agents in order to make them restricted. If a qualifying offer is not tendered to a player eligible for restricted free agency, he becomes an unrestricted free agent.

Players who are tendered qualifying offers have the option to accept the one-year contract and hit unrestricted free agency a year from now, but the primary purpose of the offers are to ensure that the player's team can match any offers for him this summer. We'll track today's qualifying offer updates right here, with the latest added to the top of the page….

  • The Cavs have made a qualifying offer to Luke Harangody, according to the joint Twitter account of Plain Dealer writers Mary Schmitt Boyer and Jodie Valade. The tender is expected to be around $1.05MM.

Earlier updates:

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