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Report: Pacers agree to multi-year deal with Monta Ellis

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Monta Ellis accepted less to have it all with the Indiana Pacers.

Jerome Miron-USA TODAY Sports

Former Maverick guard Monta Ellis will sign a four-year, $44 million contract with the Indiana Pacers, reports ESPN's Chris Broussard:

While Ellis was reportedly meeting with Larry Bird, Frank Vogel, and Kevin Pritchard in Indy on Wednesday evening, news broke that the Sacramento Kings were clearing salary cap space to pursue the free agent shooting guard as well as Rajon Rondo and Wesley Matthews. The Kings hoped to secure a sit-down with Ellis after meeting with the two other aforementioned targets.

Given that earlier reports indicated that the Pacers had offered Ellis a three-year deal worth $32 million, it appears that the Pacers added an extra year to close the deal. Ultimately, the perennial All-Star snub turned down a more lucrative contract with the Kings to bring his high-motor game to Indiana, reports Broussard.

Reaching agreement with Ellis likely spells the end for Rodney Stuckey's tenure with the Pacers in the absence of a deep discount. According to the Indy Star's Candace Buckner, several teams, none of which were the Pacers, reached out to Stuckey shortly after midnight on July 1.

By adding the former Maverick, the Pacers will be getting one of the top drivers and clutch scorers in the NBA. Per NBA Player Tracking, Ellis converted 49.0% of his drives last season and created 10.2 points off assists. Though his skill set should make for a more dynamic back court tandem, Ellis' ball dominance will likely force George Hill to resume his role off the ball.

With Ellis off the board, the Pacers will likely move on to other mid-tier free agents that fit the uptempo style the team plans on implementing next season.

Derrick Williams and Jeremy Lin have been two of the names mentioned to be on the Pacers' radar in recent days.

For more on Monta Ellis' fit with the Pacers, hop here.