Ellis will opt out of his current contract with the Mavericks, making him a free agent this summer, Tim MacMahon of ESPN reports. Additionally, the Mavericks are not expected to re-sign Ellis to a revamped contract. This decision has been rumored for many weeks and finally Ellis was able to make his intentions clear just a day before the 2015 NBA Draft takes place. The 29-year-old should provide an instant boost wherever he lands, with Indiana and Miami the reported early favorites to negotiate with Ellis. Regardless of where he ends up, Ellis will remain a viable option across all formats after completing his third-straight season where he played at least 80 games while averaging a minimum of 34 minutes per contest.