The Miami Heat are declining their $15 million option for veteran forward Andre Iguodala, ESPN reported Sunday.
Iguodala, 37, becomes a free agent ahead of the 2021-22 season.
He averaged 4.4 points, 3.5 rebounds, 2.3 assists and 21.3 minutes in 63 games (five starts) in 2020-21, his second season with Miami and his 17th in the NBA.
Iguodala was an All-Star with the Philadelphia 76ers in 2011-12 and won three NBA championships (2015, 2017 and 2018) with the Golden State Warriors, earning Finals MVP honors in 2015. He is a two-time NBA All-Defensive Team selection.
Philadelphia's first-round pick (ninth overall) in 2004, Iguodala has averaged 11.6 points, 5.0 rebounds, 4.2 assists and 1.5 steals in 1,192 games (784 starts) with the 76ers (2004-12), Denver Nuggets (2012-13), Warriors (2013-19) and Heat.
Miami is looking to create salary cap space in an effort to sign Toronto Raptors point guard Kyle Lowry in free agency, per the report.
--Field Level Media