The Indiana Pacers have reportedly struck a sign-and-trade deal that will send wing C.J. Miles to the Toronto Raptors in exchange for point guard Cory Joseph. This is somewhat significant after Toronto unloaded DeMarre Carroll's contract to the Brooklyn Nets on Saturday night. 

Last season saw Miles average 10.7 points on 41 percent shooting from three-point range. He also saw just a hair over 23 minutes per game. In Toronto, especially with Carroll gone, we can expect an increase in usage for him. 

As it relates to Joseph, he will challenge the recently signed Darren Collison for Indiana's starting point guard job after the team lost Jeff Teague to Minnesota in free agency. As Kyle Lowry's primary backup last season in Toronto, Joseph averaged 9.3 points and 3.3 assists while shooting 36 percent from distance. He could very well be a solid under-the-radar option in deeper leagues this season.