Jones decides not to exercise contract option, becomes free agent

Updated: June 26, 2008, 1:34 PM ET
Associated Press

PORTLAND, Ore. -- Three-point specialist James Jones became a free agent Thursday after deciding not to exercise his contract option with the Portland Trail Blazers.

The option would have made Jones a Trail Blazer through the upcoming season and paid him about $3.1 million.

Jones averaged eight points in 58 games last season. He had 91 3-pointers.

Portland acquired the five-year veteran forward last year on draft day. He can begin negotiating with other teams on Tuesday.

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