The Pacers have signed veteran big man Jahlil Okafor to an Exhibit 10 contract and subsequently waived him, according to a team press release. The team has also cut Kendall Brown.
Okafor was the third pick of the 2015 draft and began his career in Philadelphia but never quite lived up to his draft status. The 28-year-old has been out of the NBA since the 2020/21 season, when he appeared in 27 games with Detroit. He was traded to Brooklyn that summer and later signed with Atlanta, but wasn’t able to win a roster spot with either team.
Okafor resumed his basketball career overseas, playing in China and Spain before signing with a Puerto Rican team in February. He also spent time in the G League and was among the players selected by Phoenix’s new affiliate in the expansion draft in June. The Pacers’ affiliate, the Indiana Mad Ants, recently acquired Okafor’s rights in a G League trade.
Indiana’s intention to sign Okafor was reported late last month. The fact that it didn’t officially happen until now signals he never had a chance to make the regular season roster and that it was exclusively about getting him a bonus if he reports to the G League. Okafor will earn a bonus worth up to $77.5K if he joins the Mad Ants and remains with them for at least 60 days.
As for Brown, he had his two-way contract with the team last season converted into a three-year standard deal in March. However, the last two seasons of the new contract were non-guaranteed. He would have received $250K if he had made the opening-night roster.
The decision on Brown improves the chances of Cole Swider securing the 15th spot on the regular season roster.
By waiving Brown and his $2.1MM salary, the Pacers are now $2.5MM below the luxury tax with an open roster spot, ESPN’s Bobby Marks tweets.