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Report: DeMar DeRozan officially opts out

Philadelphia 76ers v Toronto Raptors

TORONTO, ON - APRIL 12: DeMar DeRozan #10 of the Toronto Raptors runs up the court during the first half of an NBA game against the Philadelphia 76ers at the Air Canada Centre on April 12, 2016 in Toronto, Ontario, Canada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Vaughn Ridley/Getty Images)

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DeMar DeRozan reportedly planned in January to opt out this offseason.

Did a dismal playoff showing give him any second thoughts?

Chris Haynes of Cleveland.com:

Before the playoffs, teams would’ve rushed to offer DeRozan a max contract. Now, they might deliberate a little then offer him a max contract.

That’s just the reality of this cap environment. DeRozan will earn far more next season than the $10,350,000 he would’ve made by opting in – potentially up to the max (projected to be $25,894,800).

DeRozan is a 26-year-old scoring wing with a strong track record of improvement. Yes, his defense and outside shooting raise questions – especially in the playoffs – but plenty of teams would be better of with him than whatever their consolation prize would be.

That probably includes the Raptors, who say they want to re-sign him. DeRozan sounds like he wants to return, too.