Pacers Sign DJ Augustin for 1-Year/$3.5 Million

The Pacers have now completed their three-part deal that confused many Indiana fans and NBA writers alike. First, they sent backup point guard Darren Collison and reserve wing Dahntay Jones to Dallas in a sign-and-trade deal for Ian Mahinmi, who they reportedly gave a 4 year/$16 million deal. Then they reportedly inked free agent wing Gerald Green to a deal in the neighborhood of $10 million over 3 years.

And now, according to a report first broken by Mike Wells of the Indianapolis Star, Indiana has signed DJ Augustin, a diminutive point guard who will presumably take over the role vacated by the Collison deal. NBA reporter Adrian Wojnarowski reports that Augustin will only be here on a one-year deal for $3.5 million, which is interesting in the sense that you wonder whether that was Indiana’s preference or his.

This marks at least the second time the franchise has tried to acquire DJ Augustin. They nearly got in him a trade-deadline-day deal in 2010 that seemingly fell apart at the last minute.

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