Monta Ellis chose to pick up his early termination option on the last year of his deal making him a free agent this off season.
Although a history of injury, Monta Ellis has been a productive player when he plays and brings intensity on both the offense and defensive ends of the floor. His option for next year was around 11mil and I think it would be difficult for him to beat that salary in the open market, however I think he is looking to lock up a long term deal instead of making bank and dealing with the frustrations of Milwaukee.
Picking up Ellis would probably mean that we choose to not re-sign Henderson as Ellis would become our starting 2 guard with MKG playing SF. I know he isn't the A-lister we were hoping for, but I think he is a realistic option and could easily be a fan favorite for the new Hornets.