The Pacers are being cautious during the free agent frenzy as they want to stay under the luxury tax threshold for the upcoming season and to preserve their cap room for 2011-12. With that said, they’re still hoping to land a point guard whether it’s via free agency or a trade.

“We’re moving along in the process of looking at what we want to do,” Pacers general manager David Morway told The Indianapolis Star. “We’re going to take a careful approach to see where the market is going to fall out, and then we’ll start to make decisions.”

“We’re certainly going to look to use part or all of the mid-level exception, but we have not finalized what direction we’re going to go right now,” Morway added.

At this time the Pacers are not going to try to buyout T.J. Ford’s contract.

Also, according to Marc Stein, Luther Head has signed a two-year $2.3M deal with the New Orleans Hornets.

Pacers: Indy Cornrows, Eight Points Nine Seconds, Pacers Place, Pacers Pulse

Bucks: Bucks Diary, We’re Bucked, Bucks Den, Bucksketball

GAME THREAD/GUESS THE SCORE

Andrew Bogut destroyed Indiana, having over 30 points and over ten rebounds I believe. But now there is luck for us, Pacer fans! Bogut suffered from a migraine and may be out for tonight’s game. I really really hope this happens. At 22-26, Milwaukee may lose two important keys for the game: Michael Redd, who is out for the season, and possibly Bogut.

Brandon Jennings looks to lead the game in this. The Pacers, meanwhile, are coming off two big wins. Last night, they destroyed the Pistons 107-83 with T.J. Ford playing well after being benched for 18 games. A.J. Price played well starting his first game as well as Brandon Rush, who is back in action. Danny Granger looks lead the team again tonight. Before the Detroit game, Indiana faced Toronto with Lester Conner, killing them in a 130-115 revenge victory.

Indiana will revert back to it’s old lineup of Earl Watson at PG, Luther Head at SG, Granger at SF, Troy Murphy at PF, and Roy Hibbert at C. For Milwaukee, it’ll be Jennings at PG, Charlie Bell at SG, Carlos Defino at SF, Luc Richard Mbah e Moute (by the way, awesome name) at PF, and if Bogut plays he’ll be at C.

This looks to be a fun matchup in this Central Division rivalry battle. Good luck Indy! A win can hopefully boost up the Colts’ spirit to beat New Orleans in the Super Bowl!

Tyler needs to fix that ear…it hurts.