Report: Pacers wing C.J. Miles opts out of final year of contract, will be free agent

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This is the right move for C.J. Miles. And it was expected.

The veteran wing will be entering his 13th NBA season at age 30 in the fall, and he had developed into a solid “3&D” rotation wing player (better at the three than the “D” but he is good on both ends). He has decided to take those skills to the free agent market this summer, reports Chris Haynes at ESPN.

Indiana Pacers swingman C.J. Miles will decline his player option for the 2017-18 season and become an unrestricted free agent on July 1, league sources tell ESPN.

Miles, 30, is forgoing a salary of approximately $4.8 million in hopes of securing an extended, lucrative deal this offseason.

Miles will likely double his annual salary and draw a three-year contract in the mid-level exception range — three years, $26 million or so.

For teams looking for a quality wing player who can shoot the rock, he could be a good value. Teams such as Orlando or New Orleans should be on the phone with him early in free agency, he fits what they need. Expect a handful of teams to reach out, and for Miles to have options, including returning to the Pacers.