The Toronto Raptors and Indiana Pacers have agreed in principle on a sign-and-trade to send guard Cory Joseph to Indiana for free agent C.J. Miles, league sources tell ESPN.
Miles will sign a three-year, $25 million deal with Toronto, including with a player option on final year.
The deal is pending official completion of the Toronto-Brooklyn deal that will clear DeMarre Carroll off the Raptors' salary cap.
Joseph, 25, averaged 9.3 points and 3.8 assists in 80 games last season
Miles, 30, declined his $4.