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Report: C.J. Miles, Pacers agree on four-year, $18 million deal

By Zach Harper | NBA writer

Miles could be a huge boost to the Pacers' bench.
C.J. Miles could be a huge boost to the Pacers' bench. (USATSI)

More Offseason Analysis: Coaching changes, news | Free Agency | Draft

The Indiana Pacers bolstered their bench last offseason to go from one of the worst in the NBA in 2012-13 to a middle of the road bench in 2013-14. It was still very low scoring but their second units could finally be roughly average in field goal percentage and 3-point percentage. However, it wasn't enough to be a strength for them, especially after bringing guard Evan Turner over at the trade deadline. The Pacers look to be giving themselves even more bench options for next season.

Candace Buckner of the Indianapolis Star is reporting an agreement between the Pacers and free agent wing C.J. Miles. Adrian Wojnarowski of Yahoo Sports followed up that report with the particulars of the deal. Miles and Indiana reportedly agreed to a four-year deal worth $18 million. Contracts can't be officially signed until July 10.

Miles has become one of the more accurate 3-point shooters in the NBA over his last two seasons, which he spent in Cleveland. Two years ago, he made 38.4 percent of his 3-pointers while averaging 11.2 points in 21.0 minutes over 61 games. In 2013-14, he increased that percentage to 39.3 percent from downtown and averaged 9.9 points in 19.3 minutes over 51 games. He started 34 of those 51 contests last season.

This adds to the news that the Pacers reportedly agreed to a contract with Croatian forward Damjan Rudez out of the Spanish league, who is known for his 3-point accuracy.

The question these two signing pose is what is to become of their negotiation process with Lance Stephenson? Stephenson reportedly turned down a five-year, $44 million offer from Indiana after they made a big presentation that involved renting out a movie theater and showing him a touch film about his path to the NBA. This signing should put the Pacers around $70 million in salary for next season, which is about $7 million under the expected tax. Stephenson's desired contract would push them well over the tax and in danger of surpassing the luxury tax apron, in which dollar amounts get exponentially higher for tax owed.

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