Monta Ellis and the Dallas Mavericks have reached a three-year deal that is worth at least $25 million and could rise to as much as $30 million, reports Marc Stein of ESPN. The Mavericks had cleared cap space for an opportunity to land a "big name" free agent, and after missing out on a handful of marquee names, have now moved on to Ellis.
Ellis averaged 19.2 points per game on 41 percent shooting last season with the Milwaukee Bucks. He declined his $11 million player option to become an unrestricted free agent.
While missing on pitches to both free agent big men Andrew Bynum and Dwight Howard, the Mavericks have spent their summer adding guards to their roster. Devin Harris, Jose Calderon and Wayne Ellington have all been added to the Mavericks, and now there's another guard joining the fold.