PAUL Henare has informed the New Zealand Breakers that he’s rejecting their contract extension, sources told foxsports.com.au.

Henare had been head coach of the Breakers since 2016, but won’t be at the helm at the start of the 2018-19 NBL season.

The 39-year-old informed the Breakers’ ownership of his decision on Sunday, telling them, according to a team source: “I will not be looking to re-sign with the club for next season. I wish the club the best for the future and thank the Breakers family for all the support over the last 15 years.”

A long-time member of the franchise, Henare was a member of the Breakers’ playing group from 2003 to 2011, winning an NBL Championship in his final year.

In 2013, Henare became an assistant coach for the Breakers, before being promoted to the helm of the team in 2016.

Henare’s final season with the Breakers saw him lead the team to a semifinals berth, before bowing out of the NBL postseason with a loss to Melbourne United. He’ll finish his time with the Breakers with a 29-27record, over his two season as head coach.

One potential landing spot for Henare, according to multiple league sources, is Cairns, after the Taipans recently decided not to re-sign Aaron Fearne.

The New Zealand native will continue in his role as his home country’s national team head coach.

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Olgun Uluc covers basketball for Fox Sports Australia. Twitter: @OlgunUluc