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Lou Williams Opts Out Of Contract With Sixers, Becomes Free Agent

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Louis Williams has opted-out of the final year of his contract. Mandatory Credit: Howard Smith-US PRESSWIRE
Louis Williams has opted-out of the final year of his contract. Mandatory Credit: Howard Smith-US PRESSWIRE

Several places are now reporting what has long been assumed, that Louis Williams will opt-out of the final year of his contract.

According to Dei Lynam, Leon Rose, Williams' agent, filed the paperwork to opt-out today.

Williams had the highest PER (20.2) and Win Shares per 48 minutes (.174) of his career, both of which were tops among the Sixers. He was also 3rd on the team in offensive rating (110), 4th in true shooting percentage (.525), 2nd in Assist % (22.4), and had the 3rd lowest turnover % among regulars (7.2%), which was the best of his career, and a continued improvement over when he came into the league.

Among more traditional stats, he was tops on the team in scoring at 14.9 points per game and was second in the league in 6th man of the year voting.

Williams was set to earn roughly $5.35 million in the final year of the 5 year contract he signed in the summer of 2008.

The opt-out doesn't necessarily close the door on Williams' future with the club, although it would most definitely be at a more expense rate for next year if he returns. The Sixers signed reserve Thaddeus Young to a 5 year, $43 million deal last summer.