The Pacers have agreed to terms on a multiyear contract with Donald Sloan, reports Ken Berger of CBSSports.com (via Twitter). It's already the third agreement the Pacers have reached this month, on the heels of deals for C.J. Watson and David West.
Sloan, 25, is a combo guard that has played primarily at the point in the NBA, including a brief and productive run in Cleveland filling in for the injured Kyrie Irving. Assuming the Pacers view him as a point guard as well, Sloan figures to be the third-stringer, behind George Hill and Watson.
Terms of Sloan's deal aren't yet known, but I'd be a little surprised if it was for more than the minimum. Depending on how they signed Watson though, the Pacers should have either the mid-level exception or the bi-annual exception available if necessary.
Sloan is represented by Impact Sports Basketball.