Monta Ellis Parts Ways With Agent

July 10 2013 at 11:49am CDT By Luke Adams

One of the top free agents remaining on the open market, Monta Ellis, had parted ways with longtime agent Jeff Fried of Peake Management Group, reports's Chris Broussard. According to Broussard, Ellis is frustrated that he has yet to receive a viable and lucrative long-term contract offer.

"I only wish Monta and his family the very best," Fried said. "He is a superstar on the court and a character individual with tremendous integrity off the court."

While Ellis had been hoping to reach a decision on a team in the next day or two, the change in agents may push that timetable back. The Hawks, Kings, and Mavericks are reportedly still in the running for the 27-year-old guard, while other teams have shown interest, but may not have the financial means to make a competitive offer. Few teams have substantial cap space remaining, so Ellis may prefer a sign-and-trade to get the destination of his choice.

Broussard's sources expect Ellis to sign with Dan Fegan of Relativity Sports. However, it's my understanding that after firing an agent, a player must wait 15 days before hiring a new one. Unless that rule has changed or there's a technicality I don't know about, Ellis may have to be represented by the NBPA in the short-term.

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