Felton Takes Charlotte's Qualifying Offer

[crc21209]

Raymond Felton will sign the one-year, $5.5 million qualifying offer from the Charlotte Bobcats, according to multiple sources.

The Bobcats had been discussing a long-term deal with Felton, but neither side was eager to budge from their respective positions.

“Raymond is just ready to put the focus back on basketball,” Felton’s agent, Kevin Bradbury, said. “He doesn’t want any of this to affect the team at the start of training camp. So, we’ll look forward to him having a great season, the Bobcats having a great season and we will talk more with the organization when it is appropriate.”

http://basketball.realgm.com/src_wir...lifying_offer/

[bostonguy]

Smart move. He can test the market next summer and maybe get someone to overpay for him.

[The Franchise]

So he basically signed a one year contract for what he was worth.