Wilson Chandler has signed a contract with the Zhejiang Guangsha of the Chinese Basketball Association.

Chandler will not be able to participate in the 11-12 NBA season because the CBA does not allow players to sign with an out clause.

"Maybe I'll lose out," Chandler said. "But I think it can be a great experience. I haven't been in any [labor negotiation] meetings. I can't call it. I'm just taking a risk, at the end of the day."

Chandler is a restricted free agent.

"I like [Denver], I like the team," Chandler said. "Great young team. Coach [George] Karl is a great coach. I like the management. Hopefully I'm there."

The deal is believed to be worth less than the $3.1 million qualifying offer made by the Nuggets.