Chris Paul
Photo: Barry Gossage / NBAE via Getty Images

Chris Paul will decline the player option he had for the 2021/22 season.

Paul had a player option worth $44.2M, but he will not exercise it.

The 16-year NBA veteran is expected to agree to a new, three-year deal with the Phoenix Suns, worth $90M.

Paul had a stellar season last year, leading Phoenix to the NBA Finals.