Update: George Hill signs with Kings Rumor: Pacers interested in bringing George Hill back to Indiana

Update: George Hill gets the same deal from the Sacramento Kings that Jeff Teague got from the Minnesota Timberwolves: 3 years, $57 million.

The Pacers have traded Paul George and are moving into building a new team around Myles Turner.

The biggest opening on the current makeup of the roster is at point guard and the latest rumor has the Pacers interested in a familiar face: George Hill.

Hill has been connected to multiple teams including the Spurs, Knicks and Nuggets, but this is the first we’ve heard the Pacers mentioned as potential suitors. 

The Pacers traded away Hill to the Jazz last season in a 3-team deal for Jeff Teague, who agreed to a 3-year deal with the Timberwolves as free agency started last night. 

Hill and newly acquired Victor Oladipo would make up a fierce defensive backcourt, much different than the undersized Teague and Ellis combination that the Pacers were starting for much of last season.

Hill will likely command a large contract worth somewhere close to $20 million per season. The Pacers have around $25 million in cap space and will have to decide if the 31-year-old that missed a lot of games last season is worth the large contract.

Update: Steve Kyler of Basketball Insiders reports that the Pacers are not serious about going after George Hill.

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