1:47pm: The signing is official, according to a team press release.
10:30am: As anticipated, the Pacers and the No. 54 overall pick of the June draft, Taelon Peter, have agreed to a two-way deal, Michael Scotto of HoopsHype tweets.
Indiana general manager Chad Buchanan recently indicated that Peter was in line to receive a two-way contract. The Pacers cleared a spot for the shooting guard by pulling their qualifying offer to Enrique Freeman.
By adding Peter, the Pacers have filled all of their two-way slots. RayJ Dennis and Quenton Jackson have the Pacers’ remaining two-way contracts.
Peter excelled in a sixth man role at Liberty University last season. He only started two of 35 games, yet averaged 13.7 points on 57.8 percent shooting from the field and 45.3 percent from three-point range. He also grabbed 4.0 rebounds and handed out 1.0 assist in 22.7 minutes per contest. Liberty won its conference tournament and lost in the first round of the NCAA Tournament to Oregon, a game in which Peter scored eight points.
Peter spent his previous three seasons with Division II Arkansas Tech. In four Summer League appearances, he averaged 9.5 points, 2.2 rebounds and 1.8 assists in 23.6 minutes per game for Indiana.
“We like a lot of things he does as far as playing without the ball, his shooting, his movement. I thought he showed very encouraging signs defending the ball in Las Vegas,” Buchanan said.