The decision will clear the way for Fredette to play summer league with the Golden State Warriors.
Warriors stars Kevin Durant (Achilles) and Klay Thompson (ACL) suffered serious injuries in the 2019 NBA Finals, so they might be able to use 30-year-old Fredette scoring talent to use if he's able to show some consistency.
The Kings bought out Fredette's contract midway in his third year with the team. He only averaged 3.7 points on 27.6 percent shooting in six games with the Suns at the end of last season.
In between his stops in NY and Phoenix, Fredette became a star for the Shanghai Sharks of the Chinese Basketball Association, averaging almost 40 points per game. Since being selected with the 10th overall pick in the 2011 NBA Draft, the guard has bounced around teams.
Although Fredette hasn't managed many minutes or big box score showings while in the National Basketball Association (career averages of six points, 1.4 assists and one rebound per game), he shined while at Brigham Young where, during his senior season, he averaged 29 points per game.
Jimmer Fredette is looking to join a new team.