Pacers intend to sign Reed to two-way contract

Free-agent swingman Davon Reed was selected by the Suns with the No. 32 draft pick in 2017.

The Indiana Pacers have agreed to a two-way contract with swingman Davon Reed, according to a report from ESPN.

Reed, 23, must first clear waivers after being released by the Phoenix Suns on Thursday.

Reed played college basketball at Miami (Fla.) and was selected with the 32nd overall draft pick in 2017. He missed much of his rookie season with the Phoenix Suns with a knee injury. The Suns waived him to make room for veteran guard Jamal Crawford.

“While there was some uncertainty about his place on the Suns’ roster heading into the summer due to his lost rookie season and the partial guarantee on his 2018-19 salary, Reed played well in five Summer League games in Las Vegas, posting 13.4 PPG, 4.4 RPG, 3.0 APG, and a .489 FG% in Vegas,” Luke Adams of HoopsRumors explained. “That Summer League showing helped earn Reed the rest of his ’18-19 guarantee and secure his roster spot temporarily.”