The Sacramento Kings and DeMar DeRozan are parting ways.

The Kings are releasing the six-time NBA All-Star, according to a report by Shams Charania of ESPN, making DeRozan one of the top free agents on the market.

Although he turns 37 years old in August, DeRozan is still considered a viable scoring threat and could help a contender make a championship run.

In 2025-26, the 17-year veteran averaged 18.4 points on 49.7 per cent shooting, as well as 4.1 assists and 2.9 rebounds in 77 games for a Kings team that finished 22-60. He has played at least 74 games in each of the last five seasons, and last made an All-Star team in 2022-23 for the Chicago Bulls.

Just in: The Sacramento Kings are waiving DeMar DeRozan, making the six-time All-Star one of the top free agents, sources tell ESPN. The sides worked collaboratively on this resolution after exploring trade routes. pic.twitter.com/IsSZXhV4An

— Shams Charania (@ShamsCharania) July 6, 2026

DeRozan, who has also played for the Toronto Raptors and San Antonio Spurs, ranks 16th in scoring in NBA history with 26,711 points.

He has career averages of 21.1 points, 4.3 boards and 4.1 assists.