The NBA free agent market now includes a six-time All-Star.
The Sacramento Kings are releasing DeMar DeRozan, according to ESPN’s Shams Charania. They will save $15.7 million in doing so, as only $10 million of his $25.7 million salary for 2026-27 was guaranteed.
Just in: The Sacramento Kings are waiving DeMar DeRozan, making the six-time All-Star one of the top free agents, sources tell ESPN. The sides worked collaboratively on this resolution after exploring trade routes. pic.twitter.com/IsSZXhV4An
— Shams Charania (@ShamsCharania) July 6, 2026
The move does not come as a surprise. The Kings tried to trade DeRozan, but found no takers at his previous salary, so they simply chose to let him hit the open market.
DeRozan was part of a Kings core that never quite delivered on its promise. He spent two seasons with Sacramento and averaged 20.3 points per game over those two years, but the team never made the playoffs. The losing clearly wore on DeRozan last year, and it is not a huge surprise that the two sides are parting ways.
The veteran should find a solid market, as he remains one of the game’s most feared mid-range shooters. However, his limited abilities from three-point range may keep him out of the top tier of targets among contenders.
