Should LeBron James, Paul George, And 8 Other NBA Stars Accept Their Player Option In 2024 Offseason? (Full Analysis)

Should LeBron James accept the Player Option? No.

LeBron James, at 39, remains a dominant force in the NBA, with the 2023-2024 season seeing him average 25.7 points, 7.2 rebounds, and 8.3 assists while shooting an efficient 54.0% from the field. Despite these strong numbers, there are strategic reasons why James might choose to decline his $51.4 million player option for the 2024-25 season with the Los Angeles Lakers.

Firstly, James has expressed a desire to play with his son, Bronny, who has declared for the 2024 NBA Draft, even as he recently said it was not a priority anymore. By opting out, LeBron would be able to negotiate a new contract that could include a no-trade clause, providing him more control over his career's latter stages and potentially aligning his tenure with whichever team drafts or signs his son.

Additionally, opting out would allow LeBron to negotiate potentially more lucrative or strategically favorable terms, considering his immense market value not just as a player but as an influential presence in the league. While his current option is substantial, renegotiating could offer benefits such as extended contract length or specific clauses that cater to his family and legacy priorities.

Economic factors in the NBA also suggest that cap space and player movement will be significant in the 2024 offseason, providing LeBron with opportunities to shape his ending in the league according to his terms and preferences. Therefore, declining the player option could open up avenues that align more closely with his personal and professional goals at this stage of his career.

2. Paul George - $48,787,676 Player Option

Should Paul George accept the Player Option? No.

Paul George, a cornerstone of the Los Angeles Clippers, faces a pivotal decision this offseason regarding his $48.7 million player option for the 2024-25 NBA season. Despite his considerable salary, there are compelling reasons for George to opt out and explore other opportunities.

Firstly, George and the Clippers have reportedly been unable to reach an agreement on a contract extension, despite the team's willingness to secure long-term commitments, as evidenced by their recent deal with Kawhi Leonard. This suggests that there might be differing expectations between George and the organization about his role and compensation.

Secondly, George reportedly wants a max deal in free agency, which the Clippers have been reluctant to offer so far. George's performance remains strong, with averages of 22.5 points, 5.3 rebounds, and 3.6 assists while shooting 47% from the field and an impressive 40.9% from three-point range. Such statistics make him a valuable asset in the free agency market, potentially more so than the value of his current player option.

Moreover, there are rumors linking George to other teams, such as the Philadelphia 76ers, who might offer him a substantial contract. This indicates a market demand for his skills, which could lead to a more lucrative or strategically favorable deal than what he might achieve by merely opting into his existing contract. The 76ers, with around $64 million in cap space for the 2024-25 season, might just be that team for him.

Given these factors, declining the player option could allow George to secure a contract that better reflects his market value and professional aspirations, possibly with a team that aligns more closely with his goals for competitiveness and financial security. This strategic move could not only potentially increase his earnings but also place him in a better situation to pursue further success in the league.

3. OG Anunoby - $19,928,571 Player Option

Should OG Anunoby accept the Player Option? No.

OG Anunoby's situation with the New York Knicks presents a compelling case for him to decline his $19.9 million player option for the 2024-25 NBA season. Anunoby, who was traded to the Knicks from the Toronto Raptors, is expected to decline his option in favor of testing free agency, where he is anticipated to command a significantly higher salary.

Anunoby's performance as a versatile defender capable of guarding multiple positions and contributing effectively on offense makes him a valuable asset in today's NBA. This skill set, combined with the great fit within the Knicks' roster, especially after averaging 16.4 points, 6.8 rebounds, and 1.3 assists so far in the playoffs, positions him well for a lucrative deal.

Moreover, his representation by CAA, a firm with deep ties to the Knicks, and the current expectations from NBA insiders and analysts, suggest a strong likelihood of Anunoby securing a new, more profitable contract. This would not only recognize his contributions on the court but also align with the Knicks' long-term planning and aspirations for building a competitive team around key players like Jalen Brunson.

Given these factors, it seems sound for Anunoby to opt out of his current contract to leverage his recent performance and the high demand for his skill set in a more favorable contract extension with the Knicks, or potentially with another team if negotiations take an unexpected turn.

4. D'Angelo Russell - $18,692,307 Player Option

Should D'Angelo Russell accept the Player Option? No.

D'Angelo Russell, having played a notable season with the Los Angeles Lakers, finds himself in a strategic position with his $18.6 million player option for the 2024-25 season. Despite a strong regular season where he averaged 18.0 points, 6.3 assists, and shot 46% from the field, his postseason performance was notably weaker, potentially impacting his market value. In the playoffs, his averages dipped to 12.0 points on 33% shooting, including a particularly disappointing 0-for-7 shooting night in a critical Game 3.

Given these circumstances, Russell may be better off declining the player option to pursue a longer-term contract worth closer to $100 million over 3 or 4 years. While his regular-season performance showcased his talents and value, his struggles in the playoffs could be viewed as an anomaly or a temporary setback rather than a true reflection of his abilities.

Rejecting the player option would allow Russell to explore his options in free agency and potentially secure a more lucrative and stable contract. Despite the risks involved, the potential reward of securing a multi-year deal at a higher salary could outweigh the security of the player option. Additionally, a fresh start with a new team could provide Russell with the opportunity to prove himself in a different environment and potentially elevate his game to new heights.

Although declining the player option entails uncertainty and risk, it could ultimately lead to a more rewarding outcome for Russell in terms of both financial compensation and career opportunities.

5. Russell Westbrook - $4,027,525 Player Option

Should Russell Westbrook accept the Player Option? No.

Russell Westbrook should consider declining his $4.0 million player option with the Los Angeles Clippers for the 2024-25 NBA season. Over the past two seasons, Westbrook has demonstrated significant contributions, particularly in a pivotal role with the Clippers, which suggests he could command a higher salary in the current market.

During the 2023-24 season, Westbrook averaged 11.1 points, 5.0 rebounds, and 4.5 assists per game. While these figures might not mirror his peak performance years, they indicate a strong presence on the court, contributing significantly in multiple facets of the game. His experience and ability to impact games would make him a valuable asset for any team looking to strengthen their backcourt.

Given his recent performance and the strategic advantage of leveraging a strong season, Westbrook has a good chance of securing a multi-year contract that offers a higher annual salary than his current player option. This scenario would not only provide greater financial security but also allow him the opportunity to continue competing at a high level in the NBA.

Moreover, opting out could put pressure on the Clippers or other potential teams to offer more competitive terms, reflecting his value as a veteran leader and versatile player. Given the dynamics of his recent play and contributions to the team, this off-season represents an opportune moment for Westbrook to negotiate terms that better align with his current market value.

6. Kevin Love - $4,027,525 Player Option

Should Kevin Love accept the Player Option? Yes.

Kevin Love, now with the Miami Heat, faces the decision of accepting a $4.0 million player option for the 2024-25 NBA season. At this stage in his career, Love is not only contemplating his role on the court but is also reportedly considering retirement, which adds a layer of complexity to his decision-making process.

During the 2023-24 season, Love averaged 8.8 points and 6.1 rebounds in roughly 16.8 minutes per game, showcasing his ability to contribute efficiently in a limited role. His shooting splits were solid for a role player, with a 44% field goal percentage and 34.4% from three-point range, emphasizing his still valuable skill set in spacing the floor and rebounding.

Given his age and the evolving dynamics of his basketball career, the $4.0 million player option is financially attractive. It provides a secure income, which is likely more favorable compared to what he might find elsewhere if he opts for free agency, especially amidst talks of retirement. This option also allows him the flexibility to leave the game on a high note, potentially after another playoff run with a competitive team like the Heat, where his veteran leadership is highly valued.

7. Kentavious Caldwell-Pope - $15,440,185 Player Option

Should Kentavious Caldwell-Pope accept the Player Option? No.

Kentavious Caldwell-Pope should consider declining his $15.4 million player option with the Denver Nuggets for the 2024-25 NBA season. Despite the financial security the option offers, several factors suggest he could secure a more favorable deal, either with the Nuggets or on the open market.

Caldwell-Pope has established himself as a valuable 3-and-D player in the league, known for his defense and three-point shooting. This season, he has proven his worth by being a significant part of Denver's success, helping the team to achieve a high level of performance with his 10.1 points, 2.4 rebounds, and 2.4 assists on 40.1% from deep. His experience and skill set make him an attractive candidate in a free agency market that's often looking for seasoned wing defenders with reliable shooting capabilities.

Moreover, Caldwell-Pope's current market value could potentially fetch him a multi-year contract exceeding the annual value of his player option. Given the shallow pool of free agents in his role, he might attract offers that not only match but possibly exceed $20 million per year, providing both financial benefits and longer-term security.

Additionally, staying with Denver could be appealing due to the team's competitive status and his familiarity with the system, which has been a good fit for his playing style. However, if he feels confident in his ability to command a larger or longer-term deal, exploring free agency could be a prudent decision.

Ultimately, Caldwell-Pope's decision will likely hinge on his priorities, whether they lean more towards immediate financial security or the potential for a more lucrative or extended contract that future seasons might offer.

8. P.J. Tucker - $11,539,000 Player Option

Should P.J. Tucker accept the Player Option? Yes.

P.J. Tucker, currently with the LA Clippers, is approaching the 2024-25 season with a player option worth $11.5 million. Given his situation and the broader NBA landscape, accepting this option seems to be a prudent decision for Tucker.

Financially, the player option is quite lucrative, especially considering the market dynamics. At 39 years old, Tucker's opportunities to secure a similar or higher annual salary in free agency would be limited, given his current role and contributions on the court. The contract he signed, which was a three-year deal worth over $33 million, underscores the high regard teams have had for his veteran presence and defensive prowess.

Moreover, Tucker's experience and the intangibles he brings as a veteran could still be crucial during the playoffs, where his type of physicality and defensive acumen are often more valuable. The Clippers, understanding his value as a "locker room guy" and the potential defensive boost he can provide in crucial moments, might find ways to integrate him more effectively as the season progresses in 2025.

This year, Tucker was not a part of the squad regularly since November but made crucial appearances in Game 5 and Game 6 of the first round against the Mavericks. Although the Clippers lost the series, the team could use his energy and high-motor in specific situations next year too.

9. Gary Payton II - $9,130,000 Player Option

Should Gary Payton II accept the Player Option? Yes.

Gary Payton II should consider accepting his $9.1 million player option for the 2024-25 season. After his notable stint with the Golden State Warriors, where he contributed significantly to their championship run, Payton's market value was high as he moved to Portland. However, his situation has changed due to injuries and a less impactful performance in recent seasons.

For the 2023-24 season, Gary Payton II's role diminished, evidenced by his average of 5.5 points, 2.6 rebounds, and 1.1 assists per game while playing limited minutes. His shooting efficiency remains high at 56.3% from the field, but his overall contribution in terms of scoring and playmaking has decreased.

Given the decline in his on-court production and the uncertainties surrounding his health and role in the team, the security of a $9.1 million contract for another year is valuable. It's unlikely that Payton would command a higher salary if he opts out and tests free agency, considering the current trajectory of his career and the financial constraints many NBA teams face.

In conclusion, by opting in, Payton II can secure a substantial guaranteed salary for another season, which might provide him with a stable environment to potentially rejuvenate his career or play a vital role off the bench, especially in high-stakes games where his defensive prowess is most valued.

10. Richaun Holmes - $12,876,780 Player Option

Should Richaun Holmes accept the Player Option? Yes.

Richaun Holmes should consider accepting his $12.8 million player option for the 2024-25 NBA season with the Washington Wizards. After being traded from the Dallas Mavericks to the Wizards in exchange for Daniel Gafford and draft compensation, Holmes found himself in a new setting that might not offer a significant role to enhance his market value. In Dallas, he was part of a team restructuring its roster, and upon moving to Washington, he entered a squad deeply embedded in a rebuilding phase, which has been struggling significantly this season.

Holmes' performance this season has been modest, with averages that reflect a limited contribution—specifically, he's been posting 3.4 points and 3.4 rebounds per game over limited minutes in DC. These numbers and his reduced role underscore a stark reality: it's improbable that he would command a salary in free agency that matches or exceeds the $12.4 million player option he currently holds. Furthermore, given the current rebuilding status of the Wizards, it's unlikely that Holmes would be seen as a cornerstone player who could attract a more lucrative deal elsewhere.

By opting into his current contract, Holmes can secure a considerable guaranteed salary for another year, which might be his best financial option considering the broader context of his career and the NBA market. This move would also allow him more time to possibly enhance his value or seek a better situation while still receiving a competitive salary.