Ellis has found a new home in Indiana. A person with direct knowledge of the situation tells The Associated Press that Ellis has agreed to terms with the Pacers on a four-year deal worth $44 million. The deal includes a player option for the final year. The person spoke on condition of anonymity because the deal has not been announced. The contract cannot be signed until July 9.
Ellis averaged 18.9 points and 4.1 assists in his second season with the Dallas Mavericks last year. Ellis only shot 28.5 percent on 3-pointers last year, but his ability to score will help the Pacers, who ranked 24th in scoring last season.