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Mavs guard O.J. Mayo to opt out of contract, will become free agent

Mavs guard O.J. Mayo has decided not to take the $4.2 million option in his contract and will become a free agent. (Fort Worth Star-Telegram via Getty Images)

Mavs guard O.J. Mayo has decided not to take the $4.2 million option in his contract and will become a free agent. (Fort Worth Star-Telegram via Getty Images)

Mavs shooting guard O.J. Mayo plans to decline the $4.2 million option for the second season of his contract and will become a free agent this summer, reports ESPN Dallas' Tim MacMahon. Mayo said he hopes to be able to agree on a long-term deal.

From the ESPN Dallas report:

"Getting something long term, locking something in is what I think is best for me," Mayo said Thursday after his exit interview with coach Rick Carlisle and president of basketball operations Donnie Nelson.

"I'm sure new teams have popped up on the list," Mayo said. "I need to talk to my agent (Rob Pelinka) and see what we can work out."