Report: Ferrell backs out of two-year Mavs deal
Reuters
Published Jul 20, 2018 10:35AM ET
Report: Ferrell backs out of two-year Mavs deal
After sleeping on it, guard Yogi Ferrell is backing out of a two-year, $5.3 million deal he agreed to with the Dallas Mavericks, his agent reportedly told Yahoo (NASDAQ:AABA) Sports.
"We felt uncomfortable and will weigh our options," agent Cervando Tejeda said Friday morning.
The Mavericks rescinded Ferrell's $2.9 million qualifying offer last Friday, a move that made Ferrell an unrestricted free agent. The move had been viewed as a formality with Ferrell close to agreement on the new contract that averaged less than the qualifying offer ($2.65).
Ferrell averaged 10.2 points while playing in all 82 games for the Mavericks last season. The 25-year-old started 21 games and also averaged 3.0 rebounds and 2.5 assists.
Ferrell, 25, has averaged 10.6 points in 118 games (50 starts) for Dallas over the past two seasons after originally joining the team as a G-League call-up.
--Field Level Media
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.