INDIANAPOLIS, IN -- The Indiana Pacers have officially declined Solomon Hill's final year team option. Hill's team option was worth $2.3 million. It was surprising that the Pacers decided to decline Hill's option since they were so high on him during the 2014-15 season. It is not often that a player sees such a decrease in their role with their existing team, but then again, Hill only had his role because of injuries.
Solomon Hill has yet to crack the team's rotation during the 2015-16 season. With the team's decision to not pick up his final year option, Hill probably won't get minutes this season unless there are injuries to players ahead of him on the depth chart.
It has been a horrible fall for Solomon Hill since last season. Hill led the Pacers in minutes last season and did a solid job. Hill then volunteered to participate with the Pacers’ Summer League team, but he had a horrible sequence of performances. Speeding up to the present, Solomon Hill isn’t even in the rotation for the Indiana Pacers.
Indiana has added another name to their list of expiring contracts. Jordan Hill, Chase Budinger, Ian Mahinmi, and Solomon Hill all have expiring contracts. It is unlikely that Jordan Hill, Solomon Hill, and Chase Budinger will be back next season with the Pacers. Ian Mahinmi could be re-signed by the Pacers, but there has been no indication of a contract extension yet.
According to HoopsHype, the Pacers have $57,482,574 in salary cap spending on the books for the 2016-17 season. The salary cap is expected to rise to around $90 million, so the Pacers will have plenty of cap space with a lot of key players still under contract. Indiana has the draft, key players still under contract, and plenty of cap spending after this season, so the future is looking bright for the Pacers.