As first reported by USA Today, the Sacramento Kings have decided not to pick up the $3.1 million 4th year option on Fredette, so BYU's all-time leading scorer will become an unrestricted free agent at the end of the season.
Fredette did not play in the Kings first game of the season, and is buried on the depth chart behind Isaiah Thomas, Marcus Thornton and Ben McLemore.
“This is a business decision for the Kings and they are doing what they believe is best for the organization," Fredette said in a statement to Yahoo! Sports. "I will continue to work hard and be the best I can be moving forward in my career.”
Fredette could be traded to any number of teams, but the Utah Jazz are reportedly not interested.
The 10th overall pick in the 2011 draft, Fredette averaged 7.4 points and shot 40 percent from the field in his first two seasons in Sacramento.