Lance Stephenson and the Indiana Pacers are discussing a multi-year deal.

Stephenson is an unrestricted free agent after the Memphis Grizzlies declined their team option. Stephenson signed a three-year, $27 million deal with the Charlotte Hornets in 2014 and was traded to the Los Angeles Clippers in 2015. The Grizzlies acquired Stephenson at the trade deadline from the Clippers for a future first round pick.

“That’s home for him,” the source said of what Indianapolis means to Stephenson. “He absolutely loves the town and the organization.”