Indiana Pacers' General Manager David Morway said in a phone conversation with Andrew Perna of RealGM on Tuesday morning that the team will not buyout the contract of point guard Jamaal Tinsley.

"We won't buy Jamaal out. That's not even a consideration; we're not even looking at that," Morway said of the rumors.

He didn't reveal any possible destinations for Tinsley, but talks involving the Iowa State product are on-going.

"Right now we are in conversations with a few teams, and we'll see where that takes us," he added. "But our intent is to trade Jamaal and try to find the right situation for both him and the franchise."

Morway also said that the Pacers have discussed options with Tinsley in an effort to ensure he's okay with possible scenarios.

"We have had conversations with Jamaal's representation, and we will continue to do that," Morway continued.