NBA Free Agency: Report: C.J. Watson agrees to terms with the Pacers

Well, there goes one name that you can scratch off of the free agency wish list. C.J. Watson is planning on signing with the Indiana Pacers on July 10 -- once the league moratorium lifts -- according to Alex Kennedy of HoopsWorld and seemingly Watson himself.

C.J. Watson is closing in on an agreement with the Indiana Pacers, according to league source.

— Alex Kennedy (@AlexKennedyNBA) July 1, 2013

It sounds like C.J. Watson's contract with the Indiana Pacers will be a two-year deal. It'll likely be worth more than the minimum.

— Alex Kennedy (@AlexKennedyNBA) July 1, 2013

Keep up with the pace!!!! ✔

— cj watson (@quietstorm_32) July 1, 2013

Even though Watson would have been an awesome fit as a Cavalier, I'm glad that Watson is seemingly getting a multi-year deal above the league minimum. He's a bulldog defensively and a solid shooter that doesn't turn the ball over. I'm not sure what more you could ask from a backup point guard. He'll fit in nicely as a Pacer.

The Cavaliers were the first team to speak to Watson last night, but it looks like Watson wanted to secure a deal with a semi-contender before other point guards could get in the way. Good for him, and that means it's back to the drawing board for the Cavaliers.