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Richaun Holmes will remain with the Washington Wizards despite reportedly declining his $12.9 million player option on Saturday.
Holmes declined his player option to sign a new two-year, $25.9 million contract with Washington through the 2025-26 season, per The Athletic and Stadium's Shams Charania.
Homes had until June 29 to make his decision on the option.
Holmes averaged 7.1 points and 6.1 rebounds per contest in 17 games and eight starts for the Wizards after his midseason trade from the Dallas Mavericks.
The veteran center was in and out of the lineup due to toe injuries and missed the final two weeks of the regular season during his first stint with the Warriors.