Forward/center Kevin Love declined his $4 million player option with the Miami Heat on Saturday. The veteran finished last season by averaging 8.8 points, 6.1 rebounds, and 2.1 assists. However, he appeared in just 55 games. Without question, Love's best days are behind him. While there's a chance he could return to Miami, it won't make him a consistent fantasy option, even though he should have a handful of productive showings during the 2024-25 campaign regardless of where he ends up.

According to ESPN's Adrian Wojnarowski, Phoenix Suns forward Royce O'Neale plans to sign a four-year, $44 million contract to remain with the team. After being moved by the Brooklyn Nets ahead of the trade deadline last season, the 31-year-old appeared in 30 games for the Suns, averaging 8.1 points, 5.5 rebounds, and 2.7 assists while shooting 37.6% from deep. Phoenix doesn't have much cap space to work with this offseason, so retaining O'Neale is a big move for a team hoping to enter the championship conversation. While he won't be a consistent starter, he should play enough to give him value for fantasy managers. O'Neale's shooting percentage from deep will make him even more coveted by category participants.

Los Angeles Clippers forward Paul George declined his $48.7 million player option on Saturday. The veteran, who will officially enter unrestricted free agency, has meetings scheduled with teams with cap space. The Clippers will also be involved, although the team no longer has the option of an opt-in and trade scenario. The 34-year-old finished the 2023-24 campaign by averaging 22.6 points, 5.2 rebounds, 3.5 assists, and 1.5 steals. He also shot a career-high 41.3% from behind the arc. Without a doubt, George is one of the top free agents available, so any team that adds him enhances their chances of winning an NBA title. Despite his age, George could remain a top-25 fantasy option for at least a few more seasons.

According to ESPN's Dave McMenamin, impending free agent forward LeBron James will "work" with the Los Angeles Lakers on his next contract "if it means adding an impact player." The 39-year-old declined his $51.4 million player option Saturday, although he's expected to remain with the Lakers. James finished the 2023-24 campaign by averaging 25.7 points, 8.3 assists, 7.3 rebounds, and 1.3 steals. He also appeared in 71 games despite making routine appearances on the league's official injury report. However, if the Lakers enhance the roster, it could help James play fewer minutes and stay healthy during the year.

Washington Wizards center Richaun Holmes declined his $12.8 million player option. However, he has agreed to a new two-year, $25.9 million contract to remain with the Wizards. The 30-year-old averaged double-digit scoring in three of his four seasons with the Sacramento Kings. Since then, he struggled to find a meaningful role in Dallas and Washington. Although Holmes adds depth to a rebuilding team, he will likely have issues getting on the floor moving ahead, which won't improve his fantasy value for the 2024-25 campaign.