The Milwaukee Bucks offered shooting guard Monta Ellis a two-year contract extension that will pay him approximately $36 million over three years, which includes his current $11 million player option for the 2013-14 NBA season. This is a great offer that Ellis should truly consider taking. However, it is rumored that he will opt out of his final year in order to test free agency for the first time in his career.
One good reason for Ellis to sign the extension is because $36 million is a lot of money. Not to mention, he will be 30 years old when the deal is done, which will allow him to still get another decent offer in free agency at that time.
The fact of the matter is not many teams are going to offer the eight-year player anywhere between $11-13 million per season. Even though he is one of the top scorers in the league, he turns the ball over too much and falters in big moments with the season on the line.
On the other hand, there are some teams that will take a chance on giving Ellis a big contract if they believe he can right the ship. I have to imagine he will get plenty of offers worth taking, but I just do not see any of them averaging out to be $12 million per season over multiple years.
The Bucks have shown their cards by offering a solid contract to Ellis. It appears the team will try to keep two of the three guards that could test free agency this summer. By offering Ellis a sizeable deal, it could mean Brandon Jennings has played his last game in Milwaukee. The Bucks will try to sign Ellis first, and then they will move on to J.J. Redick.
Ellis averaged 19.2 points, 6.0 assists, 3.9 rebounds and 2.1 steals in 82 games last season.