Chris Paul to opt out of deal with Clippers

Los Angeles Clippers' Blake Griffin walks across the court during the first half of an NBA basketball game against the Sacramento Kings Wednesday

Clippers' Blake Griffin, Chris Paul decide to become free agents

Chris Paul informed the Clippers on Friday he will be a free agent this summer, news broken by Brad Turner of the Los Angeles Times.

Paul says he's "humbled that my fellow players have voted to have me continue".

Here are the five teams that could make a play for Paul this offseason, ranked from least likely to most likely landing spots. He would earn $35 million in his first season if he stays with the Clippers, $38 million the second, $41 million the third, $43 million the fourth and $46 million the final year, when he will be 38 years old.

The Clippers are able to offer Griffin and Paul max deals, which would net them more money than if they were to sign with another team.

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The Los Angeles Clippers could be losing a key member of their team.

If Paul is indeed serious about competing for a title towards the end of his career, moving on from the Clippers makes the most sense.

Despite the move the Clippers could still sign CP3 and Griffin when they hit the market do to the teams financial situation.

Los Angeles acquired Paul from the New Orleans Hornets in December 2011 after former National Basketball Association commissioner David Stern rejected a trade that would've sent him to the Los Angeles Lakers.

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Paul, 32, averaged 18.1 points and 9.2 assists for the Clippers last season.

The Boston Celtics, Houston Rockets and perhaps even his hometown team of Oklahoma City will be after Griffin.

Free agency will get under way on July 1. He was arrested after a field sobriety test. The five-time All-Star averaged 21.6 points and 8.1 rebounds last season but has been plagued by injuries over the past three seasons. Redick has been linked to the Philadelphia 76ers, Brooklyn Nets and New York Knicks.

Caldwell-Pope is a restricted free agent.

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