DeMar Derozan, who helped lead the Toronto Raptors to the Eastern Conference Finals for the first time while posting averages of 23.5 points, 4 assists, and 4.5 rebounds per game, with a PER of 21.58, has officially opted out of his contract. He will hit the open market with many potential suitors vying for his services.
Raptors G DeMar DeRozan has officially opted out and is a free agent, league sources informed @clevelanddotcom. His deadline was June 15.
— Chris Haynes (@ChrisBHaynes) June 13, 2016
As an unrestricted free agent, he will be able to sign with whichever team best suits his needs.