Veteran guard Darren Collison has decided not to return to the NBA and will remain retired, according to Adrian Wojnarowski of ESPN.

The Los Angeles Lakers and Los Angeles Clippers were both interested in signing the veteran playmaker, with the Purple and Gold franchise seemingly ahead in luring him away from retirement.

Nonetheless, there's still a possibility he may return to the NBA next season. Collison will reportedly wait until the summer to make a final decision.

Collison abruptly retired from the NBA last summer to focus on his family and faith. The 32-year-old point guard averaged 12.5 points and 5.0 assists per game over his career.

He last played for the Indiana Pacers in the 2018-2019 season. In 76 games, he averaged 11.2 points, 3.1 rebounds, 6.0 assists and 1.4 steals while shooting 46.7 percent from the floor, 83.2 percent from the free-throw line and 40.7 percent from 3-point range.

This past week, Darren Collison was seen at a Lakers game and having dinner with Jeanie and Kurt Rambis. It has also been reported that he had a talk with Anthony Davis to discuss his plans and how Los Angeles might fit into those.

The Lakers were in need to acquire a second ball-handler and playmaker off the bench. Now, the Lakers will have to look to find another guard in the buyout market. Some players LA may be interested in are Reggie Jackson and Isaiah Thomas.

The Clippers will also have to seek another option in the buyout market. They recently waived Thomas, but they are expected to sign another guard in the buyout market.