With no method of getting into the game, the Indiana Pacers have all but declared it a loss.

Pacers CEO Donnie Walsh said Monday he has little hope of retaining free-agent center Brad Miller, who faces a decision between lucrative offers from Utah and Denver.

The Pacers cannot match those offers without exceeding the luxury-tax threshold and have been unable to lighten their payroll to free up money to spend on 7-0 Miller.