Pacers' C.J. Miles to decline player option and become an unrestricted free agent
C.J. Miles is looking to cash in this summer after declining his player option
C.J. Miles is coming off his best shooting season. He shot 40 percent from 3-point range last season, which puts him in a category that teams value. Players that can shoot like that from deep are considered extremely valuable in today's NBA. So it should come as no surprise that Miles will be declining his player option to become an unrestricted free agent this summer.
Indiana Pacers swingman C.J. Miles will decline his player option for the 2017-18 season and become an unrestricted free agent on July 1, league sources tell ESPN.
Miles, 30, is forgoing a salary of approximately $4.8 million in hopes of securing an extended, lucrative deal this offseason.
There is more money in the NBA than ever before. Miles is making the smart move off a great season to go look for a pay increase with salaries escalating for role players like him. Not only will he see a more secure, long-term contract, but if recent history says anything then he'll likely get paid somewhere in the $10 million per year range.
Indiana struggled to find consistency from most of its role guys, but Miles was one of the few the Pacers found reliable. Miles is a decent defender, but his real value is shooting. He's seen massive improvements over the last few years, and his 40 percent from 3-point range last season was a career high. There are concerns about Miles being able to repeat that, but he should be a serviceable player for whoever signs him.
CBS Sports HQ Daily Newsletter
Get the best highlights and stories - yeah, just the good stuff handpicked by our team to start your day.
Thanks for signing up!
Keep an eye on your inbox for the latest sports news.
There was an error processing your subscription.
Turner and the Pacers have until 6 p.m. on Monday evening to finalize the extension
Galin Dragiev has his finger on the pulse of the 76ers and Celtics
The Clippers will then subsequently waive Ajinca, along with Jawun Evans, to get down to 15...
It is reportedly a one-year, veteran's minimum deal for Crawford
Make sure you know when your favorite team is tipping off for the first time this season
The new NBA season tips off with two marquee matchups