Pacers Sign Rookie Taelon Peter To Two-Way Contract

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.

And-Ones: Biggest Mistakes, Summer League Standouts, More

As effectively managed as some NBA teams have been in recent years, all 30 clubs have made at least a few moves they regret, according to Zach Kram of ESPN.com, who runs through some of the biggest missteps of the 2020s and names the most glaring mistake each team has made this decade.

Kram’s list begins with “small-scale problems,” like the Cavaliers not giving Isaiah Hartenstein a qualifying offer in 2021 and the Knicks signing Evan Fournier to a $73MM contract in 2021, before advancing to “draft disasters” – such as the Celtics trading the draft rights to No. 30 pick Desmond Bane – and miscellaneous midtier mistakes,” including the Pistons giving Monty Williams the largest head coaching contract in league history.

Kram’s final two categories are “too high a cost for too little reward” and “franchise-altering terrible trades.” The top two mistakes on his list are the Mavericks moving Luka Doncic and the Suns giving up the assets they did to land Kevin Durant and Bradley Beal.

Here are more odds and ends from around the basketball world:

  • John Hollinger of The Athletic shares his biggest takeaways from this month’s Summer League games, including identifying Tolu Smith of the Pistons, Nae’Qwan Tomlin of the Cavaliers, and Drew Timme of the Nets as players to watch going forward. Hollinger also mentions Jazz big man Kyle Filipowski, Timberwolves guard Terrence Shannon Jr., Pistons forward Ron Holland, Thunder guard Ajay Mitchell, and Cavaliers wing Jaylon Tyson as the players who showed they were “too good for summer league.”
  • While Summer League success doesn’t always carry over to the subsequent regular season, scouts around the NBA find July’s games “extremely valuable” for evaluating players, as Tobias Bass of The Athletic writes. “Before the draft, no matter what your opinion is about a player or how analytics project him to be, it’s always interesting to see how competitive they are once they get to summer league,” one Western Conference scout told Bass. “How quickly they pick up terminology, are they culture fits and can they keep the main thing the main thing? Can they be attentive, on time and professional, especially with all the distractions in Vegas?”
  • Keith Smith of Spotrac empties out his notebook after traveling to Las Vegas for Summer League, sharing quotes from coaches, scouts, and executives about each of the NBA’s Eastern Conference and Western Conference teams.

Pacers Granted Disabled Player Exception

The Pacers have been granted a disabled player exception worth $14,104,000, general manager Chad Buchanan stated during an appearance on the Setting The Pace podcast (YouTube link).

Indiana was eligible for that exception as a result of Tyrese Haliburton‘s Achilles tear, which will sideline him for the entire 2025/26 season.

“We’ve applied for that and been granted that exception, so I don’t know if I’m breaking news there for you guys,” Buchanan said when asked by co-host Alex Golden about the possibility of the team applying for a DPE. “Whether we use it or not depends. Using the full exception would put us into the luxury tax, which we’re not opposed to if it’s the right player.”

A disabled player exception gives an over-the-cap team some extra spending power – but not an additional 15-man roster spot – when it loses a player to an injury deemed likely to sideline him through at least June 15. As we explain in our glossary entry, the exception can be used to sign a free agent, to claim a player off waivers, or to acquire a player in a trade.

The disabled player exception can only be used on a single player and can only accommodate a player on a one-year deal. A free agent signee can’t get a multiyear contract, and any trade or waiver target must be in the final year of his contract.

The exception is worth either half the injured player’s salary or the value of the mid-level exception, whichever is lesser. Since Haliburton is earning over $45MM this season, the Pacers’ DPE is worth the amount of the non-taxpayer MLE.

Buchanan, who was asked about the possibility of adding more backcourt depth with Haliburton out for the year, acknowledged that if the front office were to target a specific position, it would likely be a point guard. However, he added that the Pacers haven’t pursued that possibility “super hard” and mentioned RayJ Dennis, Kam Jones, and Quenton Jackson as young guards the team likes and will continue to develop behind Andrew Nembhard and T.J. McConnell.

Indiana is currently operating about $6MM below the luxury tax line. If the club doesn’t use its disabled player exception on a free agent before or during the season, it also could come in handy at the trade deadline. For example, if the Pacers were to trade Obi Toppin and his $14MM salary for a player on an expiring $14MM contract, they could use the DPE to take on that player, creating a new trade exception worth Toppin’s outgoing salary.

It’s worth noting that the Pacers also still have their full $14.1MM mid-level exception available — it can be used to sign free agents and/or acquire players via trade too, and it can be split among multiple players, unlike the DPE.

The deadline to use a disabled player exception is March 10. The mid-level exception can be used until the final day of the regular season.

Enrique Freeman Becomes Unrestricted Free Agent

The Pacers have withdrawn their two-way qualifying offer to forward Enrique Freeman, making him an unrestricted free agent, tweets Keith Smith of Spotrac.

Freeman, who will turn 25 on Tuesday, was the 50th overall pick in the 2024 draft and appeared in 22 NBA games as a rookie for Indiana, averaging 2.1 points and 1.4 rebounds in 8.2 minutes per contest.

While Freeman’s impact at the NBA level was very limited, he played well in the G League, averaging 16.9 points, 9.8 rebounds, 2.9 assists, and 1.4 blocks per game in 14 outings for the Indiana Mad Ants last season. He also had a strong Summer League showing in Las Vegas this month, registering averages of 16.6 PPG, 9.6 RPG, 2.0 APG, and 1.8 BPG with an incredible 72.5% mark on field goal attempts, including 55.6% on three-pointers.

However, RayJ Dennis and Quenton Jackson hold two of the Pacers’ two-way slots and it appears likely that second-round pick Taelon Peter will get the third, as general manager Chad Buchanan confirmed during a recent appearance on the Setting The Pace podcast (YouTube link). That left Freeman as the odd man out.

The deadline to unilaterally withdraw a restricted free agent’s qualifying offer passed earlier this month, but teams are still permitted to rescind those QOs with the player’s consent, so it’s safe to assume Freeman signed off on this move. Becoming an unrestricted free agent will allow him to choose his next opportunity without Indiana controlling the process.

Pacific Notes: Paul, Beal, LeBron, Bronny, Clifford, Goodwin

The Clippers signed Chris Paul and Bradley Beal, who’ve both worn No. 3 throughout their careers, but there won’t be a battle over who gets the number in L.A., writes Jay Dieffenbach of The Arizona Republic. Entering possibly the final season of his long career, Paul will be able to keep his signature number and his “CP3” nickname.

“Once Brad heard it’s a possibility Chris was coming, he said, ‘I want to give him my number,’ and I don’t even think Chris knows this yet,” president of basketball operations Lawrence Frank said in a conference call with reporters. “It’s awesome that Brad made such a great gesture like that. … Brad is such a great guy and an awesome teammate. … He knows what that jersey means to Chris. There’s a reason why he’s CP3.”

Paul has a history with the number and the franchise, wearing it from 2011 to 2017 when he was a perennial All-Star. Frank said Beal hasn’t decided yet what number he will choose.

There’s more from the Pacific Division:

  • In a Threads exchange with radio host Colin Cowherd, Brian Windhorst of ESPN sheds some light on the uneasy relationship between LeBron James and the Lakers since the arrival of Luka Doncic. “A lot has changed for LBJ in the last year,” Windhorst wrote. “A year ago the Lakers were offering him a multi-year deal with a player option, drafted and guaranteed Bronny a long-term deal and LBJ was offering to give up money to work with free agents. Now Luka is centerpiece of franchise & the transition has shocked & strained everyone & they’re all dealing with the new reality. That’s playing out partially in real time and in some public. At the end of the day, I think LBJ wants to be a Laker.” James’ agent, Rich Paul of Klutch Sports, said in a Summer League interview that James hasn’t asked the team for a trade.
  • Bronny James‘ improvement was the most significant development for the Lakers‘ Summer League squad, observes Khobi Price of The Orange County Register. James averaged 14.2 points, 3.8 assists and 2.8 rebounds in Las Vegas and was able to attack opposing defenses with more confidence than he showed a year ago. However, he only shot 29.6% from three-point range and still needs to become more consistent on defense, Price adds.
  • Kings first-round pick Nique Clifford talked about his first Summer League experience and his expectations for his rookie season in an interview with Sean Cunningham of KCRA News in Sacramento (Twitter video link).
  • The Suns, who claimed Jordan Goodwin off waivers earlier today, knew there was at least one other team planning to submit a claim for the former Lakers guard and weren’t sure they’d land him, according to John Gambadoro of Arizona Sports 98.7 (Twitter link). Waiver priority is determined by last season’s record, with the worst teams getting first dibs.

Potential 2026 First-Round Pick Alijah Arenas Could Miss Freshman Season With Knee Injury

USC’s Alijah Arenas, one of the nation’s top incoming freshmen and a potential first-round pick in the 2026 draft, has suffered a torn meniscus that could sideline him for the entire season, according to NBA insider Chris Haynes (Twitter link).

The school announced Wednesday that Arenas will undergo surgery and is projected to miss six to eight months, writes Jeff Borzello of ESPN. A six-month recovery time would have him back in late January, while eight months would push him to the start of the NCAA Tournament.

“Alijah is a tremendous worker, teammate, competitor, and person,” USC coach Eric Musselman said. “He is understandably disappointed that he will not be able to take the court to start the season, but his health is our No. 1 priority. We have no doubt that he will come back even stronger. We look forward to supporting him during this process.”

It’s a brutal setback for Arenas, who was only recently able to resume practicing after recovering from an April car accident that left him hospitalized for a week. According to Borzello, Arenas crashed into a tree after losing control of his Tesla Cybertruck. The vehicle caught on fire, but he was able to escape with help from bystanders after breaking the driver’s side window.

Arenas, the son of former NBA player Gilbert Arenas, was placed in an induced coma because of the amount of smoke he inhaled. Otherwise, he didn’t suffer any significant injuries from the accident.

Arenas was a five-star recruit who reclassified so he could attend college a year early. The 6’6″ shooting guard was 13th on ESPN’s recruiting rankings for this year’s class.

Celtics Notes: Niang, Simmons, Bassey, Nicholas

The Celtics got back another floor spacer in the trade that sent Kristaps Porzingis to Atlanta, but Georges Niang hasn’t been feeling welcomed by Boston fans, relays Daniel Donabedian of ClutchPoints. In a recent appearance on the OGs podcast (YouTube link), the Massachusetts native discussed his reception since the deal was announced.

“I then get traded for Kristaps Porzingis — which, you know how tough Boston fans are. They don’t give a (expletive) if I’m from Boston or not,” Niang said. “‘You just took our Unicorn and replaced it with a Minivan. Get the (expletive) outta here.’ I’m like public enemy No. 1. They’re like, ‘What is this? This ain’t shiny. It’s got scratches on it, man.”

The reaction may be the result of lingering bitterness over an incident where Niang grabbed Jaylen Brown‘s knee from the bench during the 2023 playoffs (Twitter video link). It may also be related to uncertainty over whether the team intends to keep Niang’s $8.2MM expiring contract as it continues to look for ways to reduce payroll.

“You don’t want to be in Boston losing, that’s for sure,” Niang added. “What can I do this summer? Can I come in, in the best shape that I’m in, and also mentor, and kind of teach, and also learn — because they’ve won championships. And kind of dial all that into one, and focus every day on how can I win the day, and then win games.”

There’s more from Boston:

  • The Celtics have been mentioned as a possible destination for Ben Simmons, but Matt Vautour of MassLive advises them to look elsewhere for free agent help. Vautour states that although Simmons still has positive aspects to his game, the team wouldn’t be able to count on him staying healthy and signing him would most likely lead to disappointment as it did in Philadelphia and Brooklyn.
  • Charles Bassey, who made a strong impression with Boston during three Summer League games, is attracting attention from Virtus Bologna, according to Italian media outlet Pianeta Basket. Bassey could receive a training camp invitation, but that’s far from certain as the Celtics sort through their center options.
  • Drew Nicholas will join the Celtics as executive director of player personnel, league sources tell Michael Scotto of HoopsHype (Twitter link). Nicholas was a scout for Brooklyn last season and previously served as director of scouting in Denver.

Rockets Notes: Green, Finney-Smith, Durant, Sheppard

Former Rockets guard Jalen Green reflected on his time in Houston, along with the trade that sent him to the Suns, in a lengthy post on The Players Tribune. Green was part of the price the Rockets paid, along with Dillon Brooks and the 10th pick in this year’s draft, to acquire Kevin Durant. Although he’s sad to leave the city, Green said he understands the reasoning behind the deal.

“Listen, nobody likes to get traded. But I can honestly say that I get it, bro,” he wrote. “This is a business, and if I was up there in the executive chair, I probably would’ve made the deal, too. I think it’s a better situation for both sides, and I’m just excited to get it popping with Book (Devin Booker), and to create that winning culture that we figured out down here in Houston.”

Selected with the second pick in the 2021 draft, Green represented the first step in the Rockets’ rebuilding process after trading James Harden. He went through a lot of losing during his first two years in Houston, but things turned around in 2023 when Ime Udoka was hired as head coach and Brooks and Fred VanVleet were brought in to change the culture. Green reflected on the growing process that led to a 52-win season and the second seed in the West.

“My rookie year, we won 20 games. Twen-tee, bro,” he added. “Within three years, we had the Toyota Center packed out for a home playoff game. I’ll always be proud of that. To flip it around like that, it’s about culture. We had our young core, but we also had vets like Fred VanVleet — guys who had really won in this league — showing us the way.”

There’s more from Houston:

  • Dorian Finney-Smith talked about his decision to sign with the Rockets as a free agent in an interview with WAVY-TV during a recent visit to his hometown of Portsmouth, Virginia (hat tip to Ben DuBose of Rockets Wire). “I already know who they are. They play hard,” Finney-Smith said. “Coach Ime is one of the toughest coaches in the league. I’ve never seen him smile much when you’re playing against him. The first time I’ve ever seen him smile was when we had dinner, like two weeks ago. I like that, because I’m a competitor.” Finney-Smith added that he was planning to remain with the Lakers when the offseason began, but he was swayed by the opportunity in Houston.
  • Durant hasn’t arrived in Houston yet even though it’s been more than a month since the trade was agreed to, Michael Shapiro of Chron.com writes in a story charting the offseason workouts of Rockets players. Durant has been seen at Fanatics Fest in New York City and the Wireless Festival in London, according to Shapiro, who adds that VanVleet recently made a visit to Turkey to train with Alperen Sengun.
  • The Rockets’ decision to sign free agent wing Josh Okogie rather than another guard is a sign of confidence in their current backcourt players, especially Reed Sheppard, who will be counted on for a larger role after playing sparingly as a rookie, observes Danielle Lerner of The Houston Chronicle.

Suns Claim Jordan Goodwin Off Waivers

JULY 24: The Suns issued a press release confirming they’ve claimed Goodwin, Gerald Bourguet of PHNX Sports tweets.


JULY 23: The Suns have claimed former Lakers guard Jordan Goodwin off waivers, sources tell Shams Charania of ESPN (Twitter link).

Goodwin, 26, was released over the weekend so L.A. could create room below the first apron to sign Marcus Smart with its bi-annual exception. In late June, the Lakers picked up their team option on Goodwin’s $2.35MM contract for the upcoming season, which carries just a $25K guarantee.

Phoenix inherits Goodwin’s full contract via the waiver claim, so L.A. will have the $25K come off its books.

Goodwin joined the Lakers on a two-way contract in early February and was converted to a standard deal in late March. He appeared in 29 games, making five starts and averaging 5.6 points, 3.9 rebounds and 1.4 assists in 18.7 minutes per night. He also posted .438/.382/.818 shooting numbers.

The move marks a return to Phoenix for Goodwin, who was acquired from Washington two summers ago as part of the Bradley Beal trade. He appeared in 40 games with the Suns during the 2023/24 season before being dealt to Memphis.

Goodwin began his career on a 10-day deal with the Wizards in 2021 and signed a two-way contract the following season.

The addition of Goodwin will give the Suns 14 standard contracts, along with three two-way deals. His contract will remain non-guaranteed, apart from the $25K, until the league-wide guarantee date in January, and he will become an unrestricted free agent next summer.

How Grizzlies, Bucks Joined Nets As Cap-Room Teams For 2025/26

When the 2025 offseason began, only one team - Brooklyn - had a clear path to significant cap room. While there were other teams that could get there, including Memphis and Detroit, those clubs would have needed to renounce key free agents or make cost-cutting moves to open up real space.

The Nets did in fact operate under the cap, as expected, and they were joined by just two other teams. The Grizzlies were one, but the Pistons weren't the other. It was another Central Division club - the Bucks - who also unexpectedly ducked under the cap.

While Brooklyn's path to cap room was obvious, given the lack of sizable contracts on their roster entering the summer, the moves the Grizzlies and Bucks made to create space of their own were a little less straightforward.

With that in mind, we want to take a look back and trace the steps those two teams took to generate the cap room necessary to complete a pair of major signings: Myles Turner's four-year free agent deal for Milwaukee and Jaren Jackson Jr.'s contract renegotiation for Memphis.

Let's dive in...

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