According to ESPN's Adrian Wojnarowski, Phoenix Suns forward/center Bol Bol plans to sign a one-year deal to return to the team. Bol finished the 2023-24 campaign by averaging 5.2 points and 3.2 rebounds while shooting 42.3% from behind the arc. The 24-year-old will provide much-needed bench depth for a team hoping to enter the championship conversation. However, Bol, who averaged 10.9 minutes per contest last season, isn't expected to be a reliable contributor for fantasy managers in 2024-25.

Indiana Pacers forward/center Jalen Smith declined his $5.4 million player option on Saturday. Smith, the 2020 No. 10 overall pick, appeared in 61 games for the Pacers last season, averaging 9.9 points and 5.5 rebounds. The 24-year-old will now test the open market, where he should see interest from clubs around the National Basketball Association. With that in mind, Smith is a talented player, but he will need minutes before earning a spot on more fantasy rosters for the 2024-25 campaign.

The Memphis Grizzlies declined the $14.8 million option for guard Luke Kennard on Saturday. The 28-year-old appeared in only 39 games for Memphis last season, averaging 11.0 points, 3.5 assists, and 2.9 rebounds. He also shot 45.0% from behind the arc. Memphis hopes to work out a new agreement. But Kennard should draw plenty of interest on the open market for a team looking for a reliable depth piece.

Los Angeles Lakers forward Cam Reddish exercised his $2.5 million player option on Saturday. The former Duke Blue Devil had the worst year of his career in 2023-24, averaging 5.4 points, 2.1 rebounds, and 1.0 steals. He was also limited to just 48 games due to injury. Whether Reddish remains in Los Angeles or finds himself on another team for the 2024-25 campaign, he must see the floor more before earning a spot on fantasy rosters.

Chicago Bulls forward Patrick Williams reportedly intends to sign a massive extension with the organization. The Bulls extended a qualifying offer to Williams, but it sounds like the two sides have agreed on a new deal. Williams intends to sign a five-year, $90 million contract to remain in Chicago long term. The Bulls have high hopes for Williams despite him only playing 43 games last season due to injury. At the moment, it seems unlikely that the Bulls are going to bring back DeMar DeRozan which should mean an increased role for Williams next season.