The Philadelphia 76ers have decided to decline the $2.3 million team option for Lonnie Walker IV, allowing him to enter free agency. Walker, who returned to the Sixers from overseas in February, contributed in 20 games with averages of 12.4 points, 3.2 rebounds, and 2.5 assists while shooting 42% from the field and 35.4% from three-point range. This decision aligns with the Sixers' strategy to free up cap space as they prepare for the upcoming free agency, targeting key players like Quentin Grimes and Guerschon Yabusele.