The Pacers have agreed to rescind Tyler Hansbrough's qualifying offer, according to ESPN.com's Marc Stein (via Twitter). That makes Hansbrough an unrestricted free agent and means there are only 11 restricted free agents left on the market.
The one-year qualifying offer the Pacers extended to Hansbrough prior to free agency getting underway was worth $4,135,391. Even if Indiana has interest in retaining the free agent forward, the Pacers' agreements with David West and C.J. Watson have limited the team's flexibility to continue adding contracts.
Hansbrough will now be free to sign outright with any team, rather than having to sign an offer sheet and waiting to see if Indiana will match.