During the offseason, the team signed restricted free-agent Deandre Ayton to a four–year, $133 million offer sheet, the largest in league history, before it was matched by the Phoenix Suns.
[1][2][3] The team also traded away Malcolm Brogdon in exchange for a package surrounding Aaron Nesmith, Daniel Theis, and a 2023 first–round pick.
In the 2022 NBA draft, the team selected Bennedict Mathurin 6th overall alongside standout second rounder Andrew Nembhard.
Bennedict Mathurin broke Chris Duarte's record for most three–pointers made as a rookie in Pacers franchise history.
[4] The Pacers were eliminated from postseason contention on April 2, 2023, following their loss to the Cleveland Cavaliers and the Chicago Bulls’ win over the Memphis Grizzlies.