The Indiana Pacers waive Taelon Peter as they finalize the back end of their roster, according to reports from Yahoo Sports and Forbes. The move occurs on Monday and involves removing Peter from the team’s roster, making him no longer part of Indiana’s active group. Forbes adds that the waiver creates flexibility by opening up a two-way contract slot. The reporting indicates the Pacers are narrowing the group of players on their roster and managing remaining two-way availability as they approach their final composition. After the waiver, Peter is typically subject to the waiver process, after which his next team status would depend on league procedures and any claims. The sources do not provide additional context such as injury status, performance details, or prospective replacements, focusing instead on the roster transaction itself and the resulting contract slot availability.