According to recent reports that have surfaced, Indiana Pacers swingman C.J. Miles will decline his player option for the final year of his current contract, and will test the unrestricted free agency market this summer.
Via Chris Haynes of ESPN:
Miles, 30, is forgoing a salary of approximately $4.8 million in hopes of securing an extended, lucrative deal this offseason.
It's a decision the Pacers' brass anticipated. June 20 is the deadline for Miles to notify the team of his player option plans.
The 11-year veteran is completing the terms of a four-year, $18 million pact he signed in the summer of 2014.
The 30-year-old is expected to receive a lot of interest from teams around the league, especially with his ability to shoot effectively from beyond the arc. At 6-foot-6, he is also valuable on the defensive end as he is versatile enough to go up against some of the better shooting guards and even small forwards of the league today.
Miles has spent the last three years with the Pacers, and has played solid basketball for them. This season, he has averages of 10.7 points, including a career-high 41.3 percent from three-point range, and 3.0 assists in 23.4 minutes per game.
The Pacers are also expected to extend an offer to him, and there is still a chance he could re-sign with them, but for a more lucrative deal.
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