The Indiana Pacers were in serious talks with the Sacramento Kings for Rudy Gay before they acquired Thaddeus Young.

The Kings' asking price was too high for the Pacers and they pivoted towards Young.

Sacramento continues to shop Gay in trade talks.

The Brooklyn Nets have traded Thaddeus Young to the Indiana Pacers for the 20th overall pick and a future second rounder.

The Nets re-signed Young last offseason on a four-year, $50 million deal.

The Pacers previously acquired Jeff Teague this week.

Indiana parted ways with Frank Vogel this offseason and elevated Nate McMillan to head coach. The Pacers now project to have a starting five of Teague, Monta Ellis, Paul George, Young and Myles Turner.

Paul George has accepted an invitation to play for USA Basketball's 2016 Olympics team.

George suffered a compound fracture of both bones in his lower right leg while playing in the USA Basketball Showcase scrimmage in August 2014.

George missed most of the 14-15 season and returned to his pre-injury form in 15-16.

USA Basketball executive director Jerry Colangelo promised George an Olympic roster spot after he suffered the injury, and the latter recently accepted.

The Indiana Pacers have acquired Jeff Teague from the Atlanta Hawks as part of a three-team trade.

The Utah Jazz will acquire George Hill from Indiana as part of the deal. The Jazz will send the 12th overall pick to the Hawks as part of the deal.

Teague will be a free agent in 2017 and the Hawks will go forward with Dennis Schroder at the point guard position.

Teague grew up in the Indianapolis area.

Like Teague, Hill will also be a free agent in 2017. The Jazz had a need at point guard last season after Dante Exum was lost for the season with a torn ACL.