Last night, ESPN scribe Marc Stein hinted that the Sacramento Kings were in trade talks with the Cleveland Cavaliers to send both Jimmer Fredette and Chuck Hayes to the Cavs for salary cap relief. With that available money they’d attempt to sign Monta Ellis, if the trade went through.
Well, the trade hasn’t went through, but that hasn’t stopped the Kings and Ellis from getting into deep contractual talks.
According to CBS’ Ken Berger, the two sides are now in the process of discussing a deal:
After opting out of an $11 million contract for next season with the Milwaukee Bucks, Monta Ellis is discussing a free-agent deal with the Sacramento Kings, league sources told CBSSports.com.
With several avenues closed off as teams fill their needs for guards in free agency, Ellis could wind up with the Kings, who began doing their homework on him weeks ago. According to a person familiar with the situation, Kings owner Vivek Ranadive began inquiring about Ellis around the time his purchase of the Sacramento franchise was completed in late May
The Kings, who currently only have about $6 million in cap space will need to make a move to sign Ellis, either via trade to clear salary cap space or by amnestying swingman John Salmons, who is scheduled to make about $7 million dollars in his final season.