DeMar DeRozan intends to decline his $27.7 million player option if he and the San Antonio Spurs are unable to agree to an extension by the late June deadline.

DeRozan would become one of the most high profile unrestricted free agents on the market.

DeRozan could return to the Spurs if he becomes a free agent, but he could also sign with a team like the New York Knicks who are expected to express interest.

DeRozan is in his second season with the Spurs following a trade from the Toronto Raptors.