The Sixers are declining their $2.9MM option on Lonnie Walker IV’s contract, ESPN’s Shams Charania tweets.
Walker was productive for the injury-riddled Sixers during the second half of the season. He appeared in 20 games and averaged 12.4 points, 3.2 rebounds and 2.5 assists. However, Philadelphia has major salary cap concerns heading into free agency, which undoubtedly factored into the front office’s decision.
After being waived by Boston just before the start of the season, Walker spent time with Zalgiris Kaunas in the EuroLeague while awaiting his next NBA opportunity. He signed a two-year contract with Philadelphia in late February.
Prior to his stint with the Sixers, Walker appeared in 322 regular season games with the Spurs, Lakers, and Nets from 2018-24. He’ll now be seeking another opportunity as an unrestricted free agent.