76ers Exercise 2017-18 Option On Robert Covington
PHILADELPHIA (CBS) -- The Philadelphia 76ers have exercised the 2017-18 club option on Robert Covington, the team announced on Wednesday.
The team has exercised the contract option on @Holla_At_Rob33 for 17-18 season » https://t.co/BDzFyokRfS pic.twitter.com/FLg1gsjCXR
— Philadelphia 76ers (@sixers) June 14, 2017
Covington, 26, was signed by the 76ers in 2014 and is entering the final year of his contract.
Related: Report: 76ers Looking To Extend Robert Covington
RoCo is set to make $1.577 million in 2017-18. $53,500 reportedly will become guaranteed on August 9th, the rest on January 10th.
This Covington news has little actual impact. $53.5k will become guaranteed for Covington on Aug 9th, the rest of his $1.5m on Jan 10th.
— Derek Bodner (@DerekBodnerNBA) June 14, 2017
The team's decision to exercise Covington's option is simply to prevent him from becoming a free-agent. The Sixers could still extend or renegotiate his contract.
Covington averaged 12.9 points, 6.5 rebounds, 1.9 steals, 1.5 assists, and 1.0 blocks per game last season while making 137 of 412 three's (33.3-percent).