Jerami Grant is expected to opt out of his player option, league sources told Mike Singer of The Denver Post.

Grant would earn $9.3 million next season if he opted in, though sources say he could command up to $16 million this offseason.

“I’m definitely looking forward to it. We’ll see how it goes," said Grant, when asked about his offseason plans following the Nuggets' playoff exit.

The Nuggets will shed more than $44 million from their cap this offseason, with Paul Millsap and Mason Plumlee's contracts expiring.