Back to today’s briefing

Story perspectives

Kings Waive DeRozan, Save $15.7 Million in Salary

7/7/2026

35 5 Full Breakdown

Summary

DeRozan Waived

The Sacramento Kings waived veteran guard DeMar DeRozan on July 6, 2026.
The move reduced his 2026 salary from $25.7 million to a $10 million guarantee, saving $15.7 million.
He signed a three-year, $74 million contract with Sacramento in 2024 after a trade with the Chicago Bulls and San Antonio Spurs.
In two seasons he averaged 20.3 points, 4.3 assists and 3.4 rebounds in 33.6 minutes per game.

Summary

DeRozan Rejected

Lakers publicly confirmed they are not a landing spot for DeMar DeRozan because they focus on Luka Doncic’s timeline and younger wing targets.
Lakers executives highlighted Jonathan Kuminga as their primary wing target, explaining why DeRozan does not fit.
Warriors said they could explore signing DeRozan if their pursuit of LeBron James fails.
Heat and Cavaliers are mentioned as possible destinations for DeRozan if they miss out on James.

1 of 2

DeRozan Waived

The Sacramento Kings waived veteran guard DeMar DeRozan on July 6, 2026.
The move reduced his 2026 salary from $25.7 million to a $10 million guarantee, saving $15.7 million.
He signed a three-year, $74 million contract with Sacramento in 2024 after a trade with the Chicago Bulls and San Antonio Spurs.
In two seasons he averaged 20.3 points, 4.3 assists and 3.4 rebounds in 33.6 minutes per game.

1 / 2