Los Angeles Clippers backup point guard Darren Collison owns a player option for 2014-15 worth $1.98 million and as expected it will be declined. As a result, he will be a free agent starting on July 1.

From Arash Markazi of ESPNLosAngeles.com: "Collison is opting out of the 2nd year of his 2-year contract, I'm told. He'll test free agency but hopes to stay with the Clippers. Collison wants to stay in L.A. but he certainly played himself into more money and more security than a 1-year, $1.9 million option."