Los Angeles Lakers wing Kentavious Caldwell-Pope will not exercise his player option for 2020-21, Shams Charania of The Athletic reports, instead he’ll hit unrestricted free agency.
Caldwell-Pope was set to earn $8.5 million in the final year of a two-year pact inked last offseason but will now look to land a more lucrative deal this offseason despite a shortage of teams with cap space.
Charania reports that Caldwell-Pope is expected to have several suitors but the Lakers will retain his Bird rights and can exceed the cap to bring him back on another contract.
Caldwell-Pope averaged 9.3 points per game for the Lakers on .385 shooting from beyond the arc. He’ll hit the open market as a recently crowned NBA champion.