The Dallas Mavericks are done with Monta Ellis, in a move that likely benefits both parties. According to reports, Ellis will opt out of the final year of his deal.
The Mavs in return, will not try to re-sign the mercurial shooting guard.
Source: Monta Ellis has decided to opt out of the final year of his contract. The Mavs do not plan to try to re-sign him.
— Tim MacMahon (@espn_macmahon) June 24, 2015
Ellis and the Mavericks were likely done anyway, amid reports that he would have been traded on or before draft night.
If he had opted in for the final season of his three-year contract with the Mavericks, there’s a better-than-decent chance he would have been traded, perhaps before Thursday’s draft.
And so, according to a source, Ellis is going to opt out of the final year of his deal and become an unrestricted free agent July 1. The Mavericks are not expected to make a serious run at re-signing him.
Ellis had until Wednesday night to make a decision on his $8.7 million option. The Knicks, Lakers and Kings could all make a run at Ellis.