The Indiana Pacers have agreed to a one-year deal with point guard D.J. Augustin, according to Mike Wells of the Indianapolis Star. Augustin's name surfaced in a report from Yahoo!'s Adrian Wojnarowski on Wednesday that indicated the veteran point guard was the subject of trade talks between the Pacers and Charlotte Bobcats.
On Thursday, ESPN's Marc Stein reported that the Bobcats had withdrawn their qualifying offer to Augustin, making him an unrestricted free agent able to sign with any suitor. The Pacers had obviously advanced pretty far down the road with the Bobcats and Augustin, and Wells quickly reported on the one-year deal:
Pacers have agreed to a 1 year deal with DJ Augustin, according to a source.— Mike Wells (@MikeWellsNBA) July 12, 2012
The Pacers took an interest in adding Augustin after trading Darren Collison to the Mavericks on Wednesday, which opened up a spot at the point guard position behind the recently re-signed George Hill. According to Stein, they made the Collison deal with Dallas with the expectation that they would add another point guard, presumably Augustin, and they didn't take long to pounce. The one-year qualifying offer tendered to Augustin by the Bobcats was for $4.8 million, but according to Yahoo!'s Wojnarowski, Augustin will make $3.5 million to play in Indiana this season on his new deal.
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