Surgery Puts James Out For Season As Nets Lean Against Renewal

BOSTON, MA - JANUARY 04: Damion James #10 of the New Jersey Nets grabs the rebound in the first quarter against the Boston Celtics on January 4, 2012 at TD Garden in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Elsa/Getty Images)

Fred Kerber reports the Nets are leaning against picking up a third-year option on Damion James rookie contract following his latest foot surgery, which will put him out for the season. The Nets have until Wednesday to make the decision. Although they could change their mind it seems likely the team will decide to reduce their 2012-13 payroll even further by not renewing James.

James underwent surgery in Indianapolis Tuesday to replace a screw inserted in his right foot following a foot fracture last year. Following surgery, Billy King announced that James, who had been starting for the Nets, is out for the season. James has played in a total of 32 games since being drafted.

The decision would shave $1.33 million from the Nets cap next season but also permit them to re-sign James should he recover and they decide to re-sign him. He would be a unrestricted free agent.