OCTOBER 19: The Pacers have officially signed Reed and waived Wilcox, the club announced today in a press release.
OCTOBER 18: Former Suns guard Davon Reed intends to sign a two-way contract with the Pacers once he clears waivers, according to ESPN’s Adrian Wojnarowski (via Twitter). Reed, who was officially cut by Phoenix on Tuesday, will have a clear path to sign with Indiana as a free agent if he goes unclaimed today.
Reed, 23, was the 32nd overall pick in the 2017 draft, but missed a significant chunk of his rookie season due to a knee injury. In total, he appeared in just 21 games in 2017/18, averaging 3.0 PPG and 1.9 RPG on .289/.289/.667 shooting.
While there was some uncertainty about his place on the Suns’ roster heading into the summer due to his lost rookie season and the partial guarantee on his 2018/19 salary, Reed played well in five Summer League games in Las Vegas, posting 13.4 PPG, 4.4 RPG, 3.0 APG, and a .489 FG% in Vegas. That Summer League showing helped earn Reed the rest of his ’18/19 guarantee and secure his roster spot temporarily, but he was Phoenix’s final cut this week when the club signed Jamal Crawford.
Although Reed was on a minimum salary, he had a four-year contract and wasn’t signed using the minimum salary exception, meaning a team would need cap room or a trade exception in order to claim him off waivers. As such, a claim is not expected.
Assuming he finalizes his deal with the Pacers, who were intrigued by the Miami guard leading up to the 2017 draft, as Scott Agness of The Athletic tweets, Reed will join Edmond Sumner as the two-way players on Indiana’s roster. C.J. Wilcox had also signed a two-way contract with the Pacers during the summer, but he’ll miss the entire 2018/19 campaign after suffering a torn Achilles during an offseason workout.