This was expected to happen, but now it’s become official.
Monta Ellis is going to opt out of the $11 million he is owed next season to become an unrestricted free agent, reports Chris Broussard of ESPN and other sources.
Ellis averaged 19.2 points and 6 assists for the Bucks last year. He is a volume shooter — he shot just 41.6 percent overall and 28.7 percent from three. He’s a playmaker who likes the ball in his hands but does not score efficiently.
He is seeking the security of a longer deal at age 27 (28 next season). There are reports he turned down a big two year extension from the Bucks, but I’d take that one with a grain of salt.
He’s going to be an interesting test of the new CBA. My guess is under the old system he might have gotten four years at around $10 million a year, but with the stiffer taxes and limits on spending over the cap in the new CBA, and with more front offices going to the analytics that shy away from volume scorers, it will be interesting to see what offers come his way now. And from whom.