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, according to league sources.
Miles, 30, is forgoing a salary of approximately $4.8 million in hopes of securing an extended, lucrative deal this offseason.
It's a decision the Pacers' brass anticipated. June 20 is the deadline for Miles to notify the team of his player option plans.