Stauskas and Baldwin spent most of the season in Portland before being traded to the Cavs for Rodney Hood. Cleveland then sent the duo to Houston as part of a three-team agreement that also brought Iman Shumpert to the Rockets. Houston then dealt the two former first-rounders to the Pacers in separate trades.
The move to waive Stauskas and Baldwin opens up two roster spots, one of which will go to new addition Wesley Matthews. GM Kevin Pritchard said the Pacers are unlikely to fill the other spot right away.