The Indiana Pacers have signed Davon Reed to a two-way contract.

Also, the team has waived C.J. Wilcox.

Reed, a 6-5, 208-pound guard, played 21 games for the Phoenix Suns during the 2017-18 season. In those 21 games he averaged 3.0 points and 1.9 rebounds per game. Reed also spent time with the Suns G League affiliate, the Northern Arizona Suns, during the 2017-18 season. In his 12 games in the G League, he averaged 10.3 points, 4.7 rebounds and 2.8 assists per game.

Reed played collegiately at the University of Miami and was drafted by the Phoenix Suns in the second round (32nd overall pick) of the 2017 NBA Draft.