The Philadelphia 76ers will not exercise the fourth-year team option on forward/center and former lottery pick Jahlil Okafor, according to a report from The Philly Voice.
Okafor will be an unrestricted free agent at the end of the season. He may push for a buyout before then.
"League sources say Okafor is convinced workable trades have been on the table for the 76ers, who’ve explored moving him since last season," wrote Marc Stein of the New York Times.
Meanwhile, The Philly Voice added:
"Multiple members of the organization insisted privately that cap flexibility next summer is a major priority for the team, and they are hopeful they can bring max-level players to the negotiation table. With Joel Embiid's big raise set to kick in next summer and Robert Covington likely on the verge of signing an extension, Bryan Colangelo and his staff need to find ways to free up money elsewhere."
Okafor is 6-foot-11 and averaged 17.5 points and 7.0 rebounds as a rookie in 2015-16, but those numbers dipped considerably last season. He has appeared in just one game this year, as the Sixers attempted to trade him.