The New York Post reports that Rashard Lewis might have missed the deadline to opt-out of his contract and may be tied to the Sonics for two more years. Normally I wouldn't trust Peter Vecsey any further than I could throw Jerome James, but this story appears to have some legs.
Read the rest in the (shudder) New York Post. (Thanks to John McWalter for the tip!)
UPDATE: From True Hoop: "ESPN.com has looked into this and it appears that Lewis and his agent, Tony Dutt, did not "mishandle" the paperwork for his ETO (Early Termination Option) and he is indeed a free agent starting July 1."
Why in God's name did I believe Peter Vecsey?! (thanks for the head's up, Nussbaum)