The Lakers decided Wednesday not to give restricted guard Jordan Farmar a one-year, $3-million contract offer.
It means that Farmar becomes an unrestricted free agent, and that the Lakers could lose him and get nothing in return when the free-agency period begins at 9:01 p.m. Pacific time Wednesday.
If the Lakers had tendered Farmar a deal, known as a qualifying offer, he would have remained a restricted free agent and they would have had the rights to match any offer sheet he signed with another team.
"The Lakers cared enough to let me become a free agent," Farmar said in a phone interview. "I was excited to hear it. I was real happy. If I do decide to leave, I'll have nothing but positive things to remember about the Lakers."
Farmar, 23, has spent his entire four-year NBA career with the Lakers, winning two championships.
He also wants to become a starter in the NBA, something Farmar was unable to do with the Lakers because of veteran point guard Derek Fisher.
Famar also feels that the Lakers' triangle offense prohibits his game, which he believes is better suited for an up-tempo offense.
Farmar said he thinks that the Indiana Pacers are just one of the teams interested in him
. He didn't rule out returning to the Lakers, but Farmar knows that is a long shot.