As expected, Bobby Portis opts out of contract, expected to re-sign with Bucks

Boston Celtics v Milwaukee Bucks - Game Four
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The Milwaukee Bucks are not letting Bobby Portis go.

As was widely expected, Portis opted out of his $4.6 million player option for next season, as first reported by Adrian Wojnarowski of ESPN.

This was simply about the money.

Portis — a fan favorite who averaged 14.6 points and 9.1 rebounds a game last season — is a key part of the Bucks rotation and was underpaid (although it was the most the Bucks could offer at the time). Now the Bucks can offer a deal of at least two years starting at about $11 million, and if it is a two-year deal (or there are player options after the two years), Portis can re-enter free agency at age 29.

Expect the sides to announce a new contract for Portis shortly after free agency opens on June 30.