During free agency, the team lost backup centers Jalen Smith to the Chicago Bulls and Oscar Tshiebwe to the Utah Jazz.
The Pacers entered the draft (which was two days instead of one like it had been since the NBA draft was shortened down to two rounds back in 1989) with three second-round picks, acquired in deals surrounding Victor Oladipo, Buddy Hield, and Pascal Siakam.
[2][3] On the second day of the draft, the Pacers traded Spanish point guard Juan Núñez, the 36th pick and cash considerations to the San Antonio Spurs in exchange for the 35th pick, Johnny Furphy.
They would also select point guard Tristen Newton and Enrique Freeman from the NCAA champion University of Connecticut and University of Akron respectively as the back-to-back 49th and 50th picks of the draft.
Roster Last transaction: February 6, 2025 During the preseason, the Pacers would play their final games under what was previously named Bally Sports Indiana.