Pacers, Raptors agree to Miles-Joseph trade

Cory Joseph of the Raptors appears to be on his way to the Pacers.

The Indiana Pacers and Toronto Raptors have agreed to a trade that will send Pacers swingman C.J. Miles to the Raptors for point guard Cory Joseph, according to multiple reports.

The deal, while not official, marks the Raptors’ second major transaction in less than 24 hours. Late Saturday, they agreed to a deal that will move small forward DeMarre Carroll to the Brooklyn Nets for center Justin Hamilton.

As for Miles, ESPN noted that he will “sign a three-year, $25 million contract, which will include a player option on the third year.”

Miles, 30,  averaged 10.7 points and shot 41 percent on 3-pointers last season, primarily coming off the Pacers’ bench.

Joseph, 25, is a client of Cleveland-based agent Rich Paul, who also represents Cavaliers players LeBron JamesTristan Thompson and J.R. Smith, as well as Eric Bledsoe of the Phoenix Suns and Ben Simmons of the Philadelphia 76ers.

Joseph averaged 9.3 points and 3.3 assists in 80 games with the Raptors last season. He will man the point with Darren Collison, a former Pacers point guard who was re-acquired in free agency.

Basketball Insiders first reported the talks between the Pacers and Raptors involving Joseph.