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Pacers sign Torrey Craig while Doug McDermott joins the Spurs

Indiana signed Torrey Craig to a two-year contract, replacing the departing Doug McDermott, signing with San Antonio for three seasons.

2021 NBA Playoffs - Denver Nuggets v Phoenix Suns Photo by Barry Gossage/NBAE via Getty Images

On the heels of their four-year, $35 million contract to T.J. McConnell, the Indiana Pacers added Torrey Craig on a two-year, $10 million deal, according to Adrian Wojnarowski.

Craig joins the Pacers after spending last season with both the Milwaukee Bucks and later the Phoenix Suns for their NBA Finals run, averaging 7.2 points per game on 37% shooting from three point range in 32 regular season games. He’ll come in as wing depth in place of Doug McDermott, who will join the San Antonio Spurs on a three-year, $42 million contract.

Craig was an excellent defensive boost for the Suns in the postseason, logging just over 12 minutes a game, while shooting an effective 15-37 from three point range. Though Craig won’t be relied upon as a shooter, especially following the selection of Chris Duarte in the first round, it will help keep them from losing everything with McDermott’s departure.

McDermott secured the bag in joining the Spurs, earning $14 million per season after a fantastic three year run with the Pacers, including a career best 13.6 points per game last season. While Indiana should be able to cover up his absence from three point range, it remains to be seen whether the offense can be as inventive in replacing his cuts towards the basket and impressive finishing skills around the rim.

Craig’s contract will push the Pacers right up to the tax line by using part of the mid-level exception. That will more or less do it for Indiana in terms of free agency signings, but it’s unlikely Kevin Pritchard and Co. are finished molding the roster in terms of trades.