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Pacers sign first-round pick Aaron Holiday

The 23rd overall pick in the 2018 NBA Draft is officially a Pacer.

NBA: NBA Draft Brad Penner-USA TODAY Sports

Aaron Holiday has signed his rookie contract with the Pacers, the team announced on Sunday.

Indiana’s first-round draft pick is set to make his Summer League debut on Friday afternoon when the exhibition squad takes on the Houston Rockets, and Kevin Pritchard has left the door open for the scrappy off-ball shooting threat to earn minutes next season.

“He goes into the season behind Cory and Darren,” Pritchard said following the draft. “but I see him competing for minutes. One thing you know about that third point guard position is that during the season, you get a chance to play. I would be shocked if he didn’t play some next year.”

Holiday, who averaged 20.3 points, 5.8 assists, and 1.3 steals while shooting 42.2 percent from three during his junior season at UCLA, has drawn comparisons to Darren Collison, the reigning league leader in three-point field goal percentage.

“We see a lot of similarities,” Pritchard said of the two former Bruins after selecting Holiday. “We see speed, we see elite shooting. We were shocked he was still there.”

Per RealGM, the maximum allowable amount the No. 23 overall pick can earn over his first four seasons is $10.4 million, with a first-year salary of $1.9 million and team options in years three and four.

“Lead my team to victory, and just really guard.” Holiday said of his expectations for Summer League. “I’ve got to be communicating out there because I’m the point guard and that’s what I have to do. Just really get out there and win.”

Backup point guard Cory Joseph has already exercised his $7.9 million player option to return next season, and Collison’s contract becomes guaranteed for $10 million if not waived by the end of today.

Pritchard said earlier in the offseason that the team expects to bring back the starting point guard.