Trae Young Declines Player Option, Enters Free Agency

Young opts out and becomes an unrestricted free agent

Point guard Trae Young has decided not to activate the $48.97 million player option in his contract and will enter unrestricted free agency, according to recent reports. That choice gives him the freedom to negotiate a new deal instead of staying on his current one-year commitment.

Wizards want to keep him, but other teams will watch closely

Young was traded from the Atlanta Hawks to the Washington Wizards this season but played only five games for his new team due to injury. Despite the limited action, Washington is seen as the leading contender to re-sign him — sources say Young is pleased with the direction of the franchise and the organization would like him back.

One reported offer being discussed is a three-year deal worth about $120 million, though multiple teams are expected to express interest. The next few weeks should clarify whether Young stays in Washington or tests the market for a longer-term destination.