Portland Trail Blazers GM Neil Olshey announced Tuesday that 2013-14 team options for reserve forward Luke Babbitt and reserve guards Nolan Smith and Elliot Williams will not be exercised. The moves allow all three players to become unrestricted free agents next summer. The news was announced by the Blazers on Twitter.
The cap space number of $13 million [being reported] assumes that Portland loses its 1st round pick to Charlotte. If the Blazers' 1st round pick ends up being #1 through #12 and is retained, cap space will be more in the $9 to $11.5 million range.