Updated: December 12, 2011, 7:14 am ET

Source: Billups Wants to Join Contender

By HOOPSWORLD
Basketball News & NBA Rumors

Veteran guard Chauncey Billups is crossing his fingers in hopes he will clear waivers at 6 p.m. EST Monday to become an unrestricted free agent. If he clears waivers, a Yahoo! source says to keep an eye on the Los Angeles Lakers or Miami Heat as possible destinations.

In an interview with Yahoo! Sports, the 2004 NBA Finals Most Valuable Player warned teams that they would regret it if they claimed him off waivers. The threat included the Detroit Pistons, who he starred with from 2002-09 and won a title with seven years ago. Billups is currently in his hometown of Denver working out until he joins his new team.

via Adrian Wojnarowski and Marc J. Spears of Yahoo! Sports

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