JO tells Pacers he won't Opt Out, what does it mean?
Posted: Thu Jun 5, 2008 2:45 pm
(I didn't see this situation addressed elsewhere, so...)
JO's people informed the Pacer he will not exercise his ETO. My basic question is whether this is binding now, or whether any action can be taken by JO/the Pacers to make it binding.
The ETO expires on June 30, which is four days after the draft. If this is just a non-binding statement of intent, then the Pacers are still stuck with the restriction of trading him before the next year of his contract is official. However, if there was some way that he could make that year official before then, the Pacers could begin negotiating and consummate a draft day deal.
Anybody have a definitive answer on this?
JO's people informed the Pacer he will not exercise his ETO. My basic question is whether this is binding now, or whether any action can be taken by JO/the Pacers to make it binding.
The ETO expires on June 30, which is four days after the draft. If this is just a non-binding statement of intent, then the Pacers are still stuck with the restriction of trading him before the next year of his contract is official. However, if there was some way that he could make that year official before then, the Pacers could begin negotiating and consummate a draft day deal.
Anybody have a definitive answer on this?