Monta Ellis elected to opt out of the final year of a six-year deal worth $66 million. He has yet to sign with a team possibly because the offers he is getting don’t live up to the expectations he had.
That would indicate that the gamble of opting out failed, and that could make a player very angry with his agent. Monta Ellis reportedly fired his agent today.
Monta Ellis, one of the premier players remaining on the free agent market, parted ways with his longtime agent, Jeff Fried, on Wednesday.
Ellis, who opted out of the final year of a six-year, $66 million deal, is frustrated that he has yet to receive a high-paying contract offer. Industry sources expect him to sign with agent Dan Fegan.
“I only wish Monta and his family the very best,” Fried said. “He is a superstar on the court and a character individual with tremendous integrity off the court.”
Monta Ellis is drawing interest from NBA teams but the money must simply not be on par with what he thinks he is worth. He said on Tuesday that he was hoping to have a deal with in 36-48 hours, but firing your agent throws a cog in that plan.
Ellis is reportedly looking for a 4 year $40 million dollar deal and turned down a 3 year $36 million extension from the Milwaukee Bucks.
The Atlanta Hawks, Dallas Mavericks, Sacramento Kings and Charlotte Bobcats have shown the most interest in the 27-year-old Ellis. The Chicago Bulls, New York Knicks and the Los Angeles Lakers have interest but lack the cap room to pay Ellis anywhere near what he believes he is worth.