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Jameer Nelson has opted out of the final year of his contract with the Nuggets, thus becoming an unrestricted free agent, The Denver Post reports.

Nelson has opted out of the final year of his contract with the Nuggets, thus becoming an unrestricted free agent, The Denver Post reports.

Analysis:

Nelson played for the Nuggets, Celtics and Mavericks last season, when his contract was shopped around the league in trade talks. However, now that the Nuggets have spent their first round pick on fellow point guard Emmanuel Mudiay and Nelson has declined his $2.9 million player option for next season, the 33-year-old will hit the open market in search of another pay day from a team in need of veteran depth in their backcourt.

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