Warren has been absent since January, when he had surgery to address a small navicular stress fracture in his left foot. Warren appeared in just four games for Indiana this season, averaging 15.5 PPG, 3.5 RPG and 1.3 APG.
The oft-injured forward has just one year and $12.9MM remaining on his contract after the 2020/21 season. Warren will have missed 114 of a possible 227 regular season games once this year concludes.
Now that the Pacers have waived reserve guard Jalen Lecque, they have an open roster space and $5.5MM in cap availability to attempt to replace Warren on the current roster as they gear up for a potential playoff or play-in game appearance, tweets Scott Agness of Fieldhouse Files.