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Bucks Focus Effort on Ellis; Offer Extension
Posted By HOOPSWORLD On June 7, 2013 @ 9:11 pm In Headlines,NBA Headlines | No Comments
Monta Ellis will take the first step in the Milwaukee Bucks’ free agent dance when he decides whether to opt in for the final year of his contract or become an unrestricted free agent. Ellis and his agent Jeffrey Fried face a June 20 deadline to make their decision. The Milwaukee Journal Sentinel has learned that discussions were held to extend Ellis’ deal with the Bucks but no agreement was reached.
As part of the discussions the Bucks offered the 27-year-old guard a two-year extension through the 2015-’16 season, resulting in a total package of nearly $36 million over three years, according to a source. Ellis would have been required to opt in to get the additional two years on the deal.
That includes the opt-in first year at $11 million, with annual raises bringing the total to $11.8 million in the second year of the deal and $13 million in the final year. The average salary in the deal would have been about $12 million.
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