James Wiseman was traded by the Indiana Pacers to the Toronto Raptors Thursday, according to ESPN's Shams Charania.

The Toronto Raptors acquired injured center James Wiseman and cash from the Indiana Pacers on Thursday, ESPN reported.

The Toronto Raptors have confirmed their trade with the Indiana Pacers and the subsequent waiver of James Wiseman, signaling that this NBA deal was largely about freeing up cash for the Raptors.