Peja is a free agent


Sultan of Swat
Staff member
Indianapolis Star - As expected, guard Peja Stojakovic opted out of his contract with the Pacers today, and is now an unrestricted free agent.

The free agent negotiating period begins July 1, and teams can start signing players July 12. Pacers officials have said they want to re-sign Stojakovic, according to the Indianapolis Star.

"We are going to see what's out there and listen to what other teams have to say, but Peja is the Pacers to lose," Stojakovic's agent, David Bauman, said. "The contract he signed before was done as a restricted free agent, so he didn't really get a chance to test the market."

Stojakovic, 29, who made $7.6 million this past season, hopes to get a raise and lock in a long-term contract. The Pacers can sign him for up to six years, while other teams can only sign him to a five-year deal.

"Anyone that says it's not about money is a liar," Bauman said. "Peja is going to get his big contract. Peja likes the Pacers because they have a base to build off. . . . Peja is a guy that can give a lot more than what he showed last year."