Heat's Dion Waiters to decline player option

Miami Heat guard Dion Waiters intends to decline his 2017-18 player option to enter unrestricted free agency on July 1, league sources tell ESPN.

Waiters, 25, will turn down an option worth a little more than $3.2 million. His consistent production this past season bodes well for a considerable salary increase.

June 29 is Waiters' official deadline date.