Darko Milicic will be a restricted free agent this summer and hopes to sign a multi-year deal worth about $60 million.

"We weren't that far apart," Orlando General Manager Otis Smith said. "We just determined that it wasn't in the best interest of our organization to enter into an extension based on 30 games (from last season)."

Milicic is the only player out of the top-8 selections of the 2003 draft not to have signed an extension.