Panthers coach Jamie Dixon cited the number of players recovering from injuries and changes in NCAA rules for the decision to not play.
The guard is still playing, having just completed his 16th pro season at the age of 40.
Former Jeannette star Terrelle Pryor will hope to revive his NFL career as a wide receiver in Cleveland.
The Warriors won the NBA title with a 105-97 victory against the host Cavaliers in Game 6 of the seven-game series.
The first three games of the NBA Finals drew better ratings nationally and in Pittsburgh than the first four games of the Stanley Cup.
The backup point guard, filling in for Kyrie Irving, scored 20 points and had four assists in Game 3 against the Golden State Warriors.