Young's availability had been rumored, and the 'Cers opted to make him their man. Young is on a great contract that will run through the 2017-2018 season, with a player option for 2018-2019. Young averaged 15.1 points on 51.4% shooting at 13.2 field goal attempts per game last season, and brings positional versatility to an already versatile Pacers lineup.
This comes on the heels of yesterday's Jeff Teague trade. Needless to say, next year's Pacers are going to look much different than last year's iteration. Projecting next year's starting lineup is a fool's errand at this point, as (1) it is unclear what will happen in regards to Ian Mahinmi, and (2) new coach Nate McMillan is a wildcard. That being said, we can say with certainty that Paul George and the aforementioned Teague will start, and the team should be less impotent offensively.
Bottom line, this move probably makes the Pacers the team to beat in the Central Division.