Farmar Becomes Free Agent

LA Times – The Lakers decided Wednesday not to give restricted guard Jordan Farmar a one-year, $3-million contract offer.

It means that Farmar becomes an unrestricted free agent, and that the Lakers could lose him and get nothing in return when the free-agency period begins at 9:01 p.m. Pacific time Wednesday.

If the Lakers had tendered Farmar a deal, known as a qualifying offer, he would have remained a restricted free agent and they would have had the rights to match any offer sheet he signed with another team.

-ATM Entertainment

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