The T-Wolves have reached an agreement to send Chase Budinger to the Pacers in exchange for Damjan Rudez.

Budinger is entering the third year of a three-year, $15 million deal and had requested a trade because he had fallen in Minnesota’s depth chart.

Rudez, who led last year’s rookies in three-point field-goal percentage, will make just $1.2 million next season.

More from Yahoo:

The Indiana Pacers have reached an agreement to acquire forward Chase Budinger in a trade with the Minnesota Timberwolves, league sources told Yahoo Sports.

 

As part of the deal, Indiana will send forward Damjan Rudez to Minnesota, league sources told Yahoo Sports.

 

Budinger gives the Pacers an additional shooting threat to spread the floor and a versatile small forward who lost playing time with the glut of highly talented young wing players in Minnesota.