Cleveland Cavaliers guard J.R. Smith will opt out of his contract and test free agency this offseason, per Chris Haynes of the Plain Dealer.
The player option in Smith's contract would have netted him approximately $6.4 million in salary in 2015-16, per Spotrac.
Smith's decision to opt out adds another degree of uncertainty for the Cavaliers as Kevin Love decided to opt out as well on June 24.
After hot shooting in the Cavaliers' first two playoff series helped the team win the East, Smith cooled off in the Finals, hitting shots at just a 31.2 percent clip from the field and 29.4 percent from three-point range.
LeBron James is always going to be the focal point for Cleveland, while Kyrie Irving can create plenty of offense for himself as well, but finding a viable supporting cast is important if the Cavaliers hope to make another run.
An unsavory finish to the postseason had to have harmed Smith's open-market value, and he will have an opportunity to take advantage. Given his streaky play and past disciplinary issues, a potential suitor knows the risks that come with acquiring the explosive scoring Smith can provide as a past NBA Sixth Man Award recipient.