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Report: Pacers, Monta Ellis discussing buyout

Indiana Pacers v Charlotte Hornets

CHARLOTTE, NC - MARCH 04: Head coach Frank Vogel of the Indiana Pacers and Monta Ellis #11 talk during their game against the Charlotte Hornets at Time Warner Cable Arena on March 4, 2016 in Charlotte, North Carolina. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Streeter Lecka/Getty Images)

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From the moment the Pacers signed Monta Ellis to a four-year, $44 million contract in 2015, it appeared likely to age poorly.

Now, with two years and $22,917,500 left on the deal, it might be time for Indiana to cut its losses.

Nate Taylor of IndyStar:

It’s tough to say how Ellis fits with the Pacers, because I’m unsure what they’re trying to do after trading Paul George, but apparently they have interest in Kelly Olynyk and they need more than the $15 million they have available to land him.

If Ellis is willing to leave money on the table to pick his team, Indiana should probably accommodate. Turning 32 in October and lacking complementary skills to his ball-dominant offense, Ellis is more likely to get in the way of the Pacers’ new direction.

Because of those limitations, though, Ellis should be cautious in buyout negotiations. A team longing for his skills might not exist in 2017.