The San Antonio Spurs have signed former Indiana Pacers shooting guard Taelon Peter to a new contract ahead of training camp.Peter played in 38 games with the Pacers last year, but he was waived by Indiana on July 20 as the team needed to drop from four two-way contracts to the maximum of three.

Forbes contributors publish independent expert analyses and insights. Tony East is an Indiana-based writer who covers the Pacers and Fever. This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more.

5:15 pm: Peter has been waived, per NBA.com’s log of official transactions. Indiana selected the 6’3″ guard with the 54th overall pick in last year’s draft. He signed a two-year, two-way deal with the Pacers last July. Peter, 24, made 38 NBA ...