The Philadelphia 76ers have declined their $2.9 million team option on guard Lonnie Walker IV for the 2025-26 season, according to people familiar with the decision. The move makes the 26-year-old an unrestricted free agent when the market opens on 30 June. Walker was signed by Philadelphia late last season and appeared in 20 regular-season games, averaging 12.3 points, 3.2 rebounds and 2.5 assists in 23.8 minutes while shooting 35.4 percent from three-point range. His scoring punch off the bench is expected to draw interest from teams seeking back-court depth in a free-agent class that features several veteran guards.