3:36 pm: The Pacers have officially waived Payne, the team confirmed in a press release. Recent signees Kyle Guy and Ray Spalding, who are ticketed for the Noblesville Boom in the G League, have also been cut, per the Pacers.
According to Dustin Dopirak of The Indianapolis Star (Twitter link), the team is still weighing its options at the back of the roster, including whether to keep all of its centers or potentially add another point guard.
2:47 pm: Cameron Payne won’t make the Pacers‘ regular season roster, according to Michael Scotto of HoopsHype (Twitter link), who reports that the team plans to waive the veteran point guard.
After initially targeting Monte Morris this fall for a training camp deal, Indiana pivoted to Delon Wright, who was injured during the preseason, prompting the club to sign Payne last week as a replacement.
A 10-year NBA veteran who has earned regular playing time in Phoenix, Milwaukee, Philadelphia, and New York in recent years, Payne had a potential path to a roster spot on a Pacers team that will be without star Tyrese Haliburton (Achilles tear) for the entire 2025/26 season and is also currently missing T.J. McConnell (hamstring).
However, Payne didn’t stand out over the course of three preseason games, shooting just 28.6% from the field and registering nearly as many turnovers (six) as assists (seven). After getting a start in his first preseason outing as a Pacer, the 31-year-old came off the bench in the last two and was behind rookie guard (and preseason standout) Taelon Peter in the rotation on Friday.
Payne was on a non-guaranteed Exhibit 9 contract, so waiving him won’t leave any dead money on the Pacers’ cap. Indiana is now in position to keep center Tony Bradley, who is on a standard non-guaranteed contract, assuming the team plans to carry a full 15-man standard roster into opening night.