C.J. Miles will opt out of his contract with the Indiana Pacers this summer and become a free agent, but he is interested in re-signing with the team, according to a source with knowledge of the situation.
New Pacers president Kevin Pritchard has also contacted Miles since the season ended to express his interest in retaining the 30-year-old sharpshooter, said the source.
In his contract, Miles has the option to play another year for the Pacers in 2017-18 for $4.7 million next season. But after last summer’s spending bonanza in free agency, he is expected to field larger offers this summer, and at 30 years old he will be looking to sign a longer-term deal.