JANUARY 11, 3:29pm: The Pacers have officially signed Stephenson to his second 10-day hardship contract, the team announced in a press release. League sources reiterated to Stein (Twitter link) that Stephenson is still expected to remain with Indiana for the rest of the season once the team is no longer eligible for a hardship exception.
JANUARY 11, 1:41pm: Following the expiration of Stephenson’s first 10-day contract on Monday night, the Pacers are now planning to sign him to a second 10-day deal using a hardship exception, according to Chris Haynes of Yahoo Sports (Twitter link).
The Pacers still had three players – Goga Bitadze, Caris LeVert, and T.J. Warren – in the health and safety protocols when they last updated their injury report, so they remain eligible to carry players on 10-day deals via the COVID-related hardship allowance.
Stephenson still looks like a safe bet to eventually get a full-season commitment, but keeping him on 10-day contracts for now will allow Indiana to maximize its roster flexibility with the trade deadline less than a month away.
JANUARY 9: The Pacers will likely sign Lance Stephenson for the rest of the season after his 10-day contract expires on Monday night, sources tell veteran NBA reporter Marc Stein (Twitter link).
Stephenson has averaged 14.3 points, 3.0 rebounds and 6.0 assists in 22.8 minutes per night in four games on his hardship deal. He also appeared in six games last month for the Hawks on a 10-day contract.
After Saturday’s win over Utah, Pacers coach Rick Carlisle said there has been a difference in the team since Stephenson arrived, writes James Boyd of The Indianapolis Star.
“Our bench hasn’t been this into the game in any game this year. It’s not that they’re not good guys, there just hasn’t been the same kind of vibe (since Stephenson rejoined the franchise),” Carlisle said. “When this move was made, (team president Kevin Pritchard) told me, ‘We need some personality. We need some energy. A lot of people are gonna roll their eyes at this.’ I said, ‘I’m not rolling my eyes. I just want to know as much as I can about this guy so we can turn him loose and let him play his game.'”
Stephenson has benefited from the freedom that Carlisle has given him to play his game, Boyd adds. The 31-year-old swingman set an NBA record Wednesday with 20 points off the bench in the first quarter, then posted 16 points and 14 assists Saturday against the Jazz.
Stephenson, who started his career in Indiana, is now in his third stint with the team. He started his NBA career there in 2010, then re-signed with the Pacers in 2017.
“There are guys that deliver the ball in a way that elicits confidence and belief, and particularly in these two home games we’ve seen that (from Stephenson),” Carlisle said. “Look, I don’t want to go too over the top on this because he’s playing well, but the vibe that’s happening right now is something that’s much needed for our group.”