Report: Pacers, Darren Collison agree to two-year, $20 million contract

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Indiana needed a new point guard with Jeff Teague having moved on to the Timberwolves.

Darren Collison was looking for a new home and wanted to find a seat fast as the money in the point guard market is drying up fast.

Those two were able to find a deal that works for both sides, reports Adrian Wojnarowski of ESPN.

The second year of the deal is not fully guaranteed. That seems about right for both sides.

Collison is a solid NBA point guard who can run the show, hit jumpers (41.7 percent from three last season), can struggle to defend elite athletes on defense, but all around is an okay starter or a strong first guard off the bench.

It’s just a two-year deal, and that should work for Indiana as they start to rebuild.