Monta Ellis may be looking for a new home later this month.
The Pacers and Ellis are discussing a potential buyout, according to Nate Taylor of the Indianapolis Star.
Ellis, who will turn 32 years old in October, is scheduled to make about $11.2 million next season.
Ellis also has a player option in 2018-19 for just south of $11.7 million.
The 2006-07 Most Improved Player was drafted by the Warriors with the 40th pick in 2005.
In 2009-10, Ellis averaged 25.5 points, 5.3 assists, 4.0 rebounds and 2.2 steals per game, while shooting 45 percent from the field.
The Warriors traded him to the Bucks in March 2012 in exchange for Andrew Bogut.
Ellis averaged just 8.5 points per game last season -- his lowest output since he registered 6.8 points per game as a rookie.
Drew Shiller is the co-host of Warriors Outsiders and a Web Producer at NBC Sports Bay Area. Follow him on Twitter @DrewShiller