The Indiana Pacers announced Thursday they have signed second-round draft pick Lance Stephenson to a multi-year contract. Per club policy, terms of the contract were not disclosed.

Stephenson, a 6-5, 210-pound guard, was the 40th  overall pick in June’s NBA Draft.

The 2010 Big East Rookie of the Year from Cincinnati recently played for the Pacers’ summer league team in Orlando where in four games he was the Pacers’ second-leading scorer at 14.8 ppg.

He also led the eight-team Orlando summer league in field goal percentage at .733 (22-of-30) of those players with 10 or more field goal attempts, earning all-league honorable mention honors.