Report: C.J. Watson closing in on deal with Pacers

C.J. Watson

Alex Kennedy of HOOPSWORLD (a great follow at this time of year) confirms that C.J. Watson is close to signing a contract with the Indiana Pacers. The terms of the contract are not clear, but the Pacers are able to offer Watson any contract up to four years long starting at $5.15 million per year with 4.5% raises. He probably won’t command that much money and the Pacers aren’t the type of team to overspend, but I wouldn’t be surprised to see a contract similar to what they gave Gerald Green last season of three years and $10 million.

From the Pacers’ perspective, Watson significantly improves their backup point guard situation, giving them a better shooter and more impactful player than last year’s backup, D.J. Augustin.

The Nets have already begun looking for Watson’s replacement. Jason Terry (if the Nets hold on to him) will fill many of the same duties Watson did (off-ball shooting and occasional facilitating), but they’ve also inquired about free agent and Brooklyn-born Sebastian Telfair.

Related: C.J. Watson’s top 10 plays of 2012-13