Warriors re-sign Ellis for six years, $66 million

In my post – “What are these guys worth?” – I estimated Monta Ellis value to be $10.5 to $11.5 million per season. The Warriors just signed him to a six-year deal worth $66 million. Throw in Andrew Bogut’s deal – which was for $12 million per season (I predicted an annual salary of $12.0 to $12.5 million) – and I think I have a pretty good handle on player values. If any NBA teams want to hire me to consult, I’m available.

I don’t want to break my arm patting myself on the back, so let’s talk about the signing. Ellis is a lightning quick scoring guard who averaged 20.2 points, 5.0 rebounds and 3.9 assists last season. With Baron Davis’ decision to sign with the Clippers, Ellis will be asked to handle the ball more, so we should see his assists rise. There’s a slight chance that the newly-acquired Marcus Williams could start at the point, but he hasn’t shown much in his short career, so I’m guessing that’s a long shot.

Given all that has happened with the Warriors this offseason – namely, letting Baron Davis go and missing out on Elton Brand – the had to re-sign Ellis, and it’s good to see the former second round pick get an appropriate payday.

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