Lee (knee) declined his $2.85 million player option with the Suns on Saturday, and he will test unrestricted free agency, Michael Scotto of USA Today reports.

Lee saw decent playing time in his first, and possibly final, season with Phoenix. The 31-year-old averaged 8.2 points, 3.0 rebounds and 1.4 assists across 20.4 minutes in 74 regular-season games. What was most impressive about Lee's game was his improved shot from long range. The six-year NBA veteran made a career-high 44.5 percent of his attempts from beyond the arc.

Thompson is expected to leave the Warriors in free agency, Shams Charania of The Athletic reports.

The writing has been on the wall for some time, and the Warriors are prepared for this scenario, according to Charania. There's been no dialogue between the two sides in regard to a contract, and it appears both are ready to move on. Despite his age and recent injury history, Thompson is expected to have a strong market, with the Mavericks, Lakers and Clippers all reported to be interested in his services.

The Knicks did not extend a two-way qualifying offer to Brown (concussion) on Saturday, making him an unrestricted free agent, Fred Katz of The Athletic reports.

Brown played on a two-way contract with the Knicks last season but made just eight appearances at the NBA level. He's likely to have a lukewarm market in free agency.

The Grizzlies have declined Kennard's (knee) $14.8 million team option Saturday, but both sides are eager to strike a new deal in free agency, Adrian Wojnarowski of ESPN reports.

Kennard put up a decent year, during which he averaged 11.0 points, 3.5 assists and 2.9 rebounds across 25.6 minutes in 39 regular-season games. The sharpshooter did what he does best in shooting 45.0 percent from three-point range in limited time due to injury. The Grizzlies will look to bring Kennard back and avoid the injury bug that plagued their club in the 2023-24 season.

The Knicks did not extend a $6.3 million qualifying offer to Achiuwa on Saturday, making him an unrestricted free agent, Fred Katz of The Athletic reports.

Katz is reporting that the Knicks haven't ruled out the idea of bringing Achiuwa back, but right now they are prioritizing flexibility for their cap space. After being acquired from the Raptors last season, Achiuwa went on to make 49 appearances for the Knicks with averages of 7.6 points, 7.2 rebounds, 1.1 assists and 1.1 blocks in 24.2 minutes.

The Jazz did not extend a qualifying offer to Lewis on Saturday, making him an unrestricted free agent, Tony Jones of The Athletic reports.

Lewis will now be able to test the open market to find a new franchise. After Lewis was traded from the Raptors to the Jazz in 2023-24, he proceeded to make just 12 appearances with 3.8 points and 1.6 assists per game.

The Jazz extended a qualifying offer to Juzang on Saturday, making him a restricted free agent, Tony Jones of The Athletic reports.

Juzang's role grew with the Jazz toward the end of the 2023-24 campaign, so it's not a surprise to see that Utah is interested in keeping the score-first guard around. Juzang spent a lot of time in the G League as well. In his 20 appearances with the Jazz, he produced averages of 7.2 points, 1.8 rebounds, 1.2 assists and 1.6 three-pointers.

Bryant declined his $2.8 million player option Saturday, and he will test free agency this offseason, Michael Scotto of USA Today reports.

Bryant had a down year with the Heat, and if he were to have stayed his role likely would have diminished as the club drafted Kel'el Ware with the No. 15 overall selection in the 2024 Draft. The 26-year-old appeared in just 38 games for the Heat, during which he averaged 5.7 points, 3.7 rebounds and 0.6 assists across 11.6 minutes per game.

The Magic did not extend a qualifying offer to Okeke on Saturday, making him an unrestricted free agent, Jason Beede of the Orlando Sentinel reports.

This move is a hardly a surprise, as Okeke failed to make the rotation on a consistent basis in 2023-24. The forward made just 47 appearances for the Magic, averaging 2.3 points, 1.7 rebounds and 0.5 three-pointers in 9.2 minutes.

Martin declined his $7.12 million player option Saturday, and he will become an unrestricted free agent, Michael Scotto of USA Today reports.

Martin revived his career with the Heat after starting with two lackluster years on the Hornets. Over his three-year span with Miami, the 28-year-old averaged 9.6 points, 4.3 rebounds, 1.6 assists and 0.9 steals across 26.6 minutes. The swingman will likely garner interest from around the league given that he was a key part of Miami's NBA Finals run in the 2022-23 season.