Greg Monroe will opt in for the final year of his contract with the Bucks, reports Shams Charania of The Vertical. Today was the deadline for Monroe to make a decision on the $17.88MM salary for next season.
The addition of Monroe was heralded as a major free agent signing for the franchise when he agreed to a three-year, $50MM deal with Milwaukee in 2015. His first season with the Bucks was considered a disappointment, and his name appeared frequently in trade rumors, but Monroe settled into a bench role this year and put up decent numbers. He averaged 11.7 points and 6.6 rebounds in 81 games as he reached the playoffs for the first time in his career.
Monroe reportedly told new GM Jon Horst that he wants to remain with the team and help it become a serious contender in the Eastern Conference.
Monroe’s decision means the Bucks will have little to no cap space this summer no matter what happens with restricted free agent Tony Snell. The Bucks are also awaiting a player option decision from Spencer Hawes, who is set to make a little more than $6MM next season.