Former NBA first-round pick to retire this summer

Fernandez, who turned 39 years old on Thursday, averaged 9.1 points, 2.4 rebounds, 2.2 assists and 1.0 steals while shooting 36.0 percent from three-point range in 249 career regular-season games with Portland and Denver (24.0 minutes per contest).

The longtime guard/forward has played for Spanish powerhouse Real Madrid since exiting the NBA in 2012. Over the past 12 years, he has won three EuroLeague titles and six domestic championships in Spain’s top basketball league, BasketNews notes. Fernandez started his career with another Liga ACB team, Jovuntut, in 2021-22.

“This is ending, the time is coming to think about things other than basketball,” Fernandez said. “I want to enjoy the remaining months. Retirement is a difficult and impactful word when you hear it. But my goal is to play in another Olympics.”

Fernandez will play for the Spanish national team in the Olympic qualifying tournament that will be held in Valencia, Spain, in early July. If Spain wins the OQT, which also features Poland, Finland, Lebanon, Angola and the Bahamas, it will advance to Group A of the 2024 Paris Olympics.

With the Spanish national team, Fernandez has won two Olympic silver medals (in 2008 and 2012) and one bronze (2016). He also helped Spain win four EuroBasket tournaments (2009, 2011, 2015, 2022) and a pair of World Cups (2006, 2019).