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Tickets at Ticket Master
As expected, the Utah Jazz released forward Glen Rice on Friday after reaching a mutual agreement on his contract.
On Tuesday, the Jazz acquired Rice and an undisclosed amount of cash from the Houston Rockets for reserve center John Amaechi and a second-round pick.
By exchanging Amaechi's
$3 million salary for Rice's $9 million price tag, the Jazz reached the salary
floor of $32 million. However, the team is rebuilding with a roster of young
players and has no use for Rice, a 36-year-old marksman who has been slowed
by injuries.
"I appreciate the professionalism that Utah afforded me in settling my
contract," said Rice, who never reported to the Jazz.
"As we are committed to a youth movement, this provides Glen the option of being able to be released from his contract in a time frame which allows him to quickly seek other options," Jazz ticketmaster vice president of basketball operations Kevin O'Connor said.
Terms of the settlement were not disclosed. Rice becomes a free agent and is free to negotiate with any team. Despite his age, he is one of the best players available with the season less than four weeks away.
Rice averaged only 8.9 points in just 82 games over two seasons with the Rockets, his fifth NBA team. He ranks third on the all-time list with 1,554 3-pointers and won the Long Distance Shootout at All-Star Weekend in 1995.
In 982 games with
Miami, Charlotte, the Los Angeles Lakers, New York and Houston, Rice has averaged
18.6 points. He ticketmaster is a three-time All-Star and won the game's MVP
award in 1997.