Andrew Bogut could turn down millions elsewhere for the chance to win another NBA championship ring alongside LeBron James and the star-studded Cleveland Cavaliers.

Bogut was last week traded to Philadelphia but his future remains up in the air, with the 76ers looking to deal him elsewhere. If Bogut clears waivers, as expected, on Thursday (AEDT) he will become an unrestricted free agent and can choose where he goes next.

Cleveland is just one of several teams reportedly interested in signing Bogut but the 32-year-old big man already has his heart set on the Cavaliers, according to ESPN's Tim MacMahon.

Along with Cleveland, Bogut's representatives have also held discussions with the Houston Rocks, San Antonio Spurs, Boston Celtics and Utah Jazz, according to The Vertical's Shams Charnia.

SOURCEFoxSports.com.au