7:41pm: The Pacers are pursuing a trade with the Bobcats for restricted free agent point guard D.J. Augustin, according to Adrian Wojnarowski of Yahoo! Sports. Indiana has considered simply tendering Augustin an offer sheet, but prefer to make a trade, according to Wojnarowski (Twitter links). The Pacers just agreed to take on Ian Mahinmi in a sign-and-trade that sent out Dahntay Jones and Darren Collison.
The Pacers agreed to a five-year, $40MM deal with George Hill already this month, so unless they decide to go small, either Hill or Augustin would come off the bench. The Pacers have apparently had their eyes on Augustin for a while, as Mike Wells of the Indianapolis Star says they tried to acquire him as part of a deal that included T.J. Ford a couple of years ago (Twitter links).