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Kings Set to Waive Veteran DeMar DeRozan
6 Jul
Summary
- DeMar DeRozan, a 17-year veteran, will be waived by the Sacramento Kings.
- He had one year and $25.74 million remaining on his contract.
- The Kings are exploring trade options before potentially stretching his salary.
The Sacramento Kings are reportedly set to waive 17-year NBA veteran DeMar DeRozan. This decision comes with one year and $25.74 million remaining on the forward's contract, signed in 2024, though the final season was only partially guaranteed. DeRozan started 77 games for the Kings last season, contributing 18.4 points and 4.1 assists per game.
Before waiving DeRozan, the Kings may consider stretching his remaining $10 million guaranteed salary. This option would spread the cap hit over three years. However, team sources indicate the Kings will first pursue trades for other players. Such a trade would require the Kings to take back approximately $8 million less in salary for the team's financial plan to work, with a deadline of August 31 for salary stretching decisions.
