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Sacramento Kings Waive Veteran Guard DeRozan, Making Him a Free Agent

The veteran forward is owed $25.7 million next season, but interested teams may seek him on a far smaller deal, sources said.

  • On Monday, the Sacramento Kings waived DeMar DeRozan, ending his two-season tenure with the franchise, according to ESPN's Shams Charania.
  • The Kings were $13 million over the first luxury tax apron, prompting the financial move, while DeRozan recently averaged 18.4 points and shot 49.7% from the field across 77 games.
  • Multiple contenders, including the Los Angeles Clippers and Miami Heat, are expected to pursue the 36-year-old veteran; HoopsHype's Michael Scotto identified the Clippers as a potential landing spot.
  • Because Miami is hard-capped at the first apron, team president Pat Riley has had limited flexibility, but DeRozan's release offers a rare opportunity for the Heat to strengthen their roster.
  • Seeking additional shot creation, the Heat look to pair the veteran with Giannis Antetokounmpo and Bam Adebayo, addressing Miami's need for perimeter scoring in their half-court offense.
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Domantas Sabonis' Sacramento Kings are making offseason moves. Tonight, the Western Conference underdogs said goodbye to 36-year-old American DeMar DeRozan.

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Sacramento Kings waive veteran guard DeRozan, making him a free agent

The Sacramento Kings have waived veteran guard DeMar DeRozan, making him a free agent

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Hoops Wire broke the news on Sunday, July 5, 2026.
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