DeMar DeRozan became an unrestricted free agent after the Sacramento Kings waived him in early July 2026, opening a market for the veteran scorer amid widespread interest from teams that struck out on LeBron James. Miami, Denver, and Cleveland have emerged with the clearest reported pursuit, fueled by DeRozan’s scoring punch and playmaking, though Denver’s second-apron restrictions limit offers to the minimum while Miami retains mid-level exception flexibility. The tight clustering of implied probabilities across more than two dozen teams reflects the absence of a dominant suitor, competing roster needs, and DeRozan’s preference for a multi-year deal rather than a minimum contract. No major updates have shifted sentiment decisively since late July, leaving the field wide open as training camp approaches.