The Sacramento Kings waive forward DeMar DeRozan after two seasons with the team, according to multiple reports. NBA insider Shams Charania says the decision is made collaboratively by both sides. The Kings explored trade options involving DeRozan but did not find a suitable deal. With the waiver completed, DeRozan is set to enter free agency this summer. Reports describe him as an NBA All-Star and note that he is a six-time All-Star.

The outlets agree on the core details: DeRozan is released via a waiver, his time with Sacramento ends after two seasons, and he becomes available for teams to sign during the offseason. The reports do not provide further specifics on potential landing spots, contract details, or timing beyond the confirmation that he will be a free agent.