Kings withdraw offer to Andre Iguodala, according to report

USA TODAY Sports

The Kings extended a near-max offer to the free agent guard on Tuesday night, according to reports. Just hours later, they appear to have stopped their pursuit altogether.

After it was initially reported that the Sacramento Kings offered a four-year, $56 million contract to free agent Andre Iguodala on Tuesday night, Sam Amick of USA Today reported that the team has withdrawn that offer and will no longer pursue the guard.

Amick further reports that Iguodala wasn't quite ready to sign, so the Kings decided to cut their losses and pursue other targets. At this point, they are free to decide whether they should match an offer from the Pelicans to restricted free agent Tyreke Evans. There are also plenty of targets still available on the open market if the Kings are determined to make a splash.

For his part, Iguodala seems to be taking the news all in stride.

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