Matt Barnes will not exercise his player option for the 2010-11 season, but he added that he hopes to return to the Orlando Magic.

?As for me and my contract situation, I?m going to opt out,? Barnes told reporters gathered at RDV Sportsplex this morning.

?Always worrying about the team and stuff like that is something you have to do during the season, and I?m 100 percent with that. But now it?s about me and my family and what?s best for us. I?ve expressed throughout the season that I?ve loved my time here and would love to return. But I think I know more than anybody that this is a business. The organization has to do what?s best for the team. Hopefully, I impressed them enough to bring me back and give me something decent, but we?ll have to wait and see about that.?

Barnes was slated to make $1.6 million for the 10-11 season.