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Pacers will buy out Chase Budinger to sign Ty Lawson, SN source says

With the Pacers set to bring in guard Ty Lawson, who was waived by the Rockets two days ago, sources indicated to Sporting News that swingman Chase Budinger will be bought out before the start of the weekend, likely after Friday's game.

The Lawson move is expected to bolster a team in need of backcourt depth. His tenure with the Rockets was disjoined and ill-fitting, but Lawson was a very good starting point guard for years with the Nuggets before this season.

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Budinger signed with the Pacers before the season, and played in 48 games, averaging 4.