Pacers waive Monta Ellis

The Indiana Pacers announced Thursday they have waived guard Monta Ellis.

A 12-year veteran of the NBA, Ellis played two seasons with the Pacers. In those two seasons, he averaged 11.3 points and 4.0 assists over 155 games (114 starts). Ellis has career averages of 17.8 points and 4.6 assists per game.

Ellis’ NBA stock is down right now. Last season was a quiet one for him. It’ll be interesting to see what his next role is. Likely as scoring punch off the bench.