The Indiana Pacers have signed Joseph Young to a four-year deal with the first two seasons guaranteed, according to Shams Charania of RealGM.com. 

Joe Young and the Indiana Pacers have agreed upon a four-year, $4 million-plus rookie deal, league sources tell RealGM.

This is a good deal for both parties involved. Young is a scoring point guard that went No. 43 overall on June 25 in the NBA Draft. He absolutely killed the Orlando Summer League last week, leading the event in scoring at 22.5 points per game, doing so on an efficient 51 percent shooting as well as 45 percent from beyond the arc.

Having said that, his big games came against guard situations that were less than settled, as he twice dominated the Orlando Magic without guards like Elfrid Payton and Mario Hezonja playing, as well as a Detroit Pistons team without a ton of guard talent or any rim protection inside. Here's what I wrote at the time of his dominance in that event: 

After this week, the Pacers have to feel like they've found something decent in Young, who averaged nearly 21 points on 52 percent shooting. And while Harvey hasn't exactly came in and set the world on fire in his previous three games, he's also knocked down shots and shown a little bit of passing ability.

Both guys have given encouraging performances, but I'd preach cautious optimism regarding their future based on this event. This level of competition -- where guys are shorter, worse at protecting the rim, and worse defensively -- isn't the one that is going to let us know for sure whether they're going to be able to play on the NBA level. Both of them are basically undersized two-guards, and those are the types of players that you need to see against longer, more physical defenders.

Both should absolutely consider Summer League to be a success, but we'll find out more about them in training camp and preseason than we will here.

Basically, I think the jury is still out on Young. However, a deal like this has very minimal risk and a very large reward. If it ends up that Young can't adjust to the length of bigger, stronger defenders, then the Pacers only have committed to him for this season and next season at a near-minimum salary with the cap exploding in the second year of the deal. If he does adjust though, then the Pacers will have gotten an awesome bench scorer at about an average of one percent of their salary cap over the course of the three years following his rookie deal. 

A smart move by both the player to get some security and the team to get some potential contract value.

Joe Young has signed with the Pacers for the next two years. (USATSI)
Joe Young has signed with the Pacers for the next two years. (USATSI)