Monta Ellis turns down $36 million offer from Bucks

Monta Ellis gambles on himself, turns down extension with Bucks

6/7/13 in NBA   |   Matthew_Shovlin   |   735 respect

Blog Photo - Monta Ellis turns down $36 million offer from BucksMilwaukee Bucks guard Monta Ellis is set to enter the final season of the six-year, $66 million contract he signed back when he was playing for the Golden State Warriors, but the Bucks would prefer to lock up their best offensive player before he hits free agency. According to the Milwaukee Journal-Sentinel, the Bucks offered Ellis a two-year contract extension worth $24.8 million, which would essentially give him a new three-year, $35.8 million deal.

Ellis, however, believes that he can do better on the open market. Ellis has reportedly turned down the contract extension, and the big question now is whether the 27-year-old volume shooter will be a free agent this summer or next.

Ellis has a player option for the final year of his current deal. If he decides to play out his contract, he will make $11 million during the 2013-14 season. If he declines the player option, he will be an unrestricted free agent on July 1. He has until June 20 to make his decision.

If he does opt out and become a free agent, there have been reports linking Ellis to the Sacramento Kings. New Kings head coach Mike Malone worked with Ellis in Golden State, and is reportedly a big fan of him. Being a four-time 20+ points per game scorer who can also facilitate when necessary, Ellis would draw interest from other teams as well.

If the Bucks do lose Ellis, their backcourt could be in for a complete overhaul. Starting point guard Brandon Jennings has been openly conflicted about whether or not he will return to Milwaukee. In addition, J.J. Redick - who finished the season fourth in minutes per game for the Bucks (third among guards) - "appears destined for another city," according to the Racine Journal-Times.
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