Sources close to agent Mark Termini have confirmed to RealGM?s Christopher Reina that Earl Boykins will not exercise his $3 million player option with the Milwaukee Bucks for the 2007-2008 season.  Boykins will become an unrestricted free agent on July 1st.

The Bucks acquired Boykins and Julius Hodge on January 11th from the Denver Nuggets in exchange for point guard Steve Blake.

Before the trade, Boykins averaged 23.2 points per game during an 11-game stretch for a Nuggets team that was dealing with the loss of suspended players Carmelo Anthony and J.R. Smith.

During the 2006-2007 season, Boykins averaged 14.6 points and 4.4 assists during 30.8 minutes per game.  He was one of 32 players to average at least 14 points and 4 assists per game.  Boykins shot 42% from the field and 39.7% from 3-point territory, while maintaining an 89.8% on the line, which was 6th best in the NBA.

Recent reports have suggested that the Cavaliers, Lakers and Nuggets would be interested in signing the Ohio native should he become available.

Boykins had a breakout season as a member of the Warriors in 2002-2003, which led to a five-year deal with the Nuggets that summer.