Green will decline his $27.7 million player option, Shams Charania of ESPN reports.
Green is now scheduled to become a free agent. There will almost certainly be mutual interest in a return, but this gives the Warriors flexibility to pursue LeBron James in free agency and Anthony Davis via trade. Green, who is 36 years old, holds career regular-season averages of 8.7 points, 6.8 rebounds, 5.6 assists, 1.0 blocks and 1.3 steals.