The qualifying offer is a one-year deal worth a little over $4 million. Teletovic can choose to accept that offer and become an unrestricted free agent next season, or test the free agent market to see if a better deal is available. If it is, the Nets will have the right (though not the obligation) to match any offer made by another team.
After a breakout season in 2013-14, shooting 39 percent from three-point range, Teletovic suffered a major setback when blood clots were discovered in his lungs following a game against the Los Angeles Clippers. He was removed from play for three months, returning to the active roster during the first-round playoff series against the Atlanta Hawks. In his three-year NBA career, Teletovic has averaged 7.0 points and 3.4 rebounds in 16.9 minutes per game, shooting 47.6% from inside the arc and 36.2% from three-point range.
The cost for Teletovic’s services on the open market are unclear, and Teletovic said at the end of the season he would leave the entire process up to his agent.
“To be honest, last time I signed I was on a boat, right, and I got a call from my agent and he said that you’re going there and I said OK,” Teletovic said. “I trust him. I really trust him. I’ve been with him my whole career, since I was 14, so he’s been taking care of me, so I think I shouldn’t worry about it. … If he comes and says ‘this is better for you,’ I’m going to just nod my head and say OK.”