Philadelphia 76ers guard Eric Gordon is declining his $3.4 million player option to explore free agency, sources told ESPN’s Shams Charania.
A return to the 76ers is still possible, sources said. Because Gordon signed a two-year deal at the veteran minimum last summer, the Sixers would have incurred a $3.4 million cap hit if he opted in.
By opting out and possibly re-signing on a one-year deal, the cap hit falls to $2.3 million, according to ESPN’s Bobby Marks.
Gordon, 36, finished his 17th season in the NBA playing 19.7 minutes and averaging 6.8 points for the Sixers, the lowest total of his career.
Brought in over the summer as a depth piece for an aspiring title contender, injuries derailed the 76ers’ season early on and thrust Gordon into a larger role as he started 13 games.
Gordon remains a prolific jump shooter; he cashed in on 40.9% of his 3s last season.
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