"Randy Foye will become an unrestricted free agent on Thursday after a source with knowledge of the Wizards' thinking confirmed that the team will not extend the $4.8 million qualifying offer. Had the Wizards tendered the qualifying offer, they would've had first right of refusal if Foye signed with another team. Now Foye, the seventh pick of the 2006 NBA draft, will be free to sign with the team of his choice when the free agent negotiating period begins.

Foye, 26, became expendable when the Wizards drafted John Wall with the No. 1 overall pick and reached an agreement to acquire Kirk Hinrich from Chicago last Thursday. The source added that the Wizards still have interest in Foye, but not at the price of his qualifying offer. With the team committing nearly $30 million to point guards, Foye is unlikely to return.

Foye was acquired along with Mike Miller from Minnesota in a pre-draft deal for the No. 5 overall pick last year. He averaged 10.1 points, 3.3 assists and 1.9 rebounds in a topsy-turvy season in Washington. Miller, 30, is also an unrestricted free agent, but has not closed the door on returning to the Wizards, although he said he would like to play for a contender. If both players depart, the Wizards would have nothing to show from their franchise-worst 19-win season in 2008-09. Minnesota used the fifth pick in 2009 on Spanish point guard Ricky Rubio, who stayed in Europe. "