Update: Novak (knee) indicated Tuesday that he won't require surgery to address his sprained left MCL, Charles F. Gardner of the Milwaukee Journal Sentinel reports.
Analysis: Novak, who has been ruled out for the season, will go with the rest and rehab route in order to recovery from the knee injury. He's expected to resume working out in the summer, so concerns over the ailment shouldn't be much of a factor in free agency for the veteran sharpshooter. Assuming Novak wants to continue his career, look for him to find a spot in training camp with an NBA team, though he may have to settle for a non-guaranteed contract.
Novak is expected to miss the rest of the season with a left knee injury.
It ends Novak's brief homecoming to Milwaukee, where he starred in college at Marquette. The Bucks and Golden Eagles both play at the Bradley Center. The Bucks said Sunday that a test showed that Novak had a sprained MCL.