The Indiana Pacers announced today that they signed second-round draft pick Edmond Sumner to a contract. 

Scott Agness of Vigilant Sports reports that this will be a 2-year, 2-way contract. 

This is the first year that 2-way contracts exist. Each team can have up to two of these contracts at any time that can be worth a maximum of $275K per season. Players on a 2-way contract can spend time with a G-League affiliate and up to 45 days with their NBA team, but the team keeps exclusive rights to the player. No other team can sign these players as call ups unlike players on normal G-League deals.

NBA teams basically have 17 roster spots now, but only 15 of them have typical NBA contracts. Here’s a helpful guide of FAQ on the new type of contract.

For the Pacers, this contract is ideal for Sumner as he heals from an ACL injury. The point guard from Xavier was seen as a potential first-round pick before the injury, so this gives the Pacers time to see if Sumner, who averaged 14.3 points, 4.2 rebounds and 4.8 assists in 22 games in his last season at Xavier, can recover and return to form without him taking up one of their 15 NBA contracts.

Much like the Pacers other second-round pick, Ike Anigbogu, it’ll take some time for this low-risk bet to pay off. Anigbogu has not been signed yet.