Daniel Theis Foregoes $2.2M in Pacers Buyout, Pacers Gain Cap Space Boost

In the intriguing world of NBA deals, Daniel Theis has given up an extravagant $2.2M in his buyout with the Indiana Pacers, facilitating the team’s finances significantly.

– Theis, who is now set to join the Los Angeles Clippers, has waived nearly $2.2M after leaving the Pacers. This figure is equal to what he will sign for once he clears waivers with the Clippers.
– This financial move has a direct impact on the Pacers, empowering them to free up to $9.7M in cap space for this season.

Theis-Pacers Buyout: A Win-Win Scenario?

This surprising financial decision has interesting implications in the NBA, suggesting a potential win-win scenario for both Theis and the Pacers. Theis secures a new contract with the Clippers while the Pacers take advantage of this new fiscal opportunity to strategize for the current season.

Original article: https://basketball.realgm.com/wiretap/273694/Daniel-Theis-Gave-Up-$22M-In-Buyout-Pacers-Can-Create-Up-To-$97M-In-Cap-Space