Alan Anderson has decided to opt out of the final year of his contract and become an unrestricted free agent, ESPN.com reports.

Anderson has decided to opt out of the final year of his contract and become an unrestricted free agent, ESPN.com reports.

Analysis:

Anderson, who averaged 7.4 points and 2.8 rebounds in 74 games last season, will seek more long-term security with a new contract. At 32 years old, the veteran swingman could add decent depth to a team's rotation, but he may have to wait until more marquee players make their free agent decisions before ultimately finding a landing spot.