Shams Charania: Wizards center Richaun Holmes has declined his $12.8 million player option in order to sign a new two-year, $25.9 million deal with the team through 2025-26 season, sources tell @TheAthletic @Stadium. Only $250,000 out of $13.3M is guaranteed for 2025-26. pic.twitter.com/b03sax7OwJ
Source: Twitter @ShamsCharania
Marc Stein: As we’ve been reporting for 24-plus hours: Klay Thompson’s departure from the Golden State Warriors looks increasingly imminent … with LeBron James hopeful, per league sources today, that the Lakers can mount a bid to challenge Dallas. Friday’s story: https://marcstein.substack.com/p/more-new-twists-in-the-looming-free
Source: Twitter @TheSteinLine
The Warriors are open to participating in a sign-and-trade with Thompson to aid in his earning potential, those sources said.
Source: New York Times
Tony East: Jalen Smith has opted out of his player option with the Indiana Pacers and will become an unrestricted free agent, per league sources. It was a $5.4 million option, and the deadline for the decision was today.
Source: Twitter @TonyREast
The Golden State Warriors are preparing to lose four-time NBA champion Klay Thompson in free agency, an expected parting of ways between a legendary dynasty and one of its legacy players, league sources told The Athletic.
Source: New York Times
The Los Angeles Lakers, LA Clippers and Dallas Mavericks are expected to be among strong suitors for Thompson, according to league sources. Multiple teams with salary cap space are expected to show interest in Thompson as well.
Source: New York Times
Fred Katz: The Knicks did NOT extend the $6.3M qualifying offer to Precious Achiuwa, league sources said. Knicks have not ruled out bringing Achiuwa back, but if he picked up the QO, it would eat into their hard cap situation a lot.
Source: Twitter @FredKatz
Law Murray: One more item of housekeeping on option day Per team source, the LA Clippers declined team option on center Kai Jones, but team is hopeful that Jones will be with the team. Jones, a 2021 first round pick, was signed on the final weekend of the 2023-24 regular season.
Source: Twitter @LawMurrayTheNU
Adrian Wojnarowski: ESPN Sources: The Memphis Grizzlies are declining guard Luke Kennard’s $14.8M option, but both sides are eager to pursue a restructured deal. Kennard’s a career 44 percent 3-point shooter and key floor spacer for Western contender. pic.twitter.com/CYIA7JYFBj
Source: Twitter @wojespn
