The Pacers Cut Magnum Rolle

The Pacers had until 6 pm today to shave their roster down from 16 to a league-mandated maximum of 15 players. And according to Mike Wells, Magnum Rolle was the casualty.

He tweeted:

The Pacers have released Magnum Rolle, according to a source.

He also elaborated on the terms of the release, noting that while Rolle would have gotten about $500,000 this season, he only gets $50,000 now since his deal had not yet become fully guaranteed. Magnum, and many Pacers fans who were impressed with the 24-year-old baller from the Bahamas who the Thunder took with the 51st pick in the draft in June and then traded to Indiana, obviously must be disappointed.

In Wells’ piece from earlier today, Larry Bird offered his thoughts on the unfortunate reality that loomed ahead.

“Having to release a guy, if it comes to that, is just part of things,” Pacers president Larry Bird said. “(Coach) Jim (O’Brien) could end up playing a lot of guys this season. I always like to stay at 14 guys, but it seems like we’ll be at 15 this year.

The Pacers have had no success trying to package Dahntay Jones and Solomon Jones in a two-for-one trade.

Good luck elsewhere, Magnum.

“Get my agent on the phone.”