Monta Ellis has long been expected to opt out this offseason, but many teams are now expecting him to give serious consideration to opting into his $11 million deal for the 13-14 NBA season.

Ellis was acquired by the Milwaukee Bucks before last season's trade deadline in a deal for Andrew Bogut.

The Bucks also are preparing for the restricted free agency of Brandon Jennings, along with the unrestricted free agency of J.J. Redick.