That is correct. Magnum Rolle.
They drafted him in the second round. They haven't signed him yet and they now have 15 players under contract for next season. He played great in the summer league, the Pacers love him, consider him part of their future, and intend to have him on the team for next season. (Their position of greatest need, now, is power forward, which Rolle is, and he's potentially a very good one--if more of a mid-range PF than a power player...) In order to secure him on their team, they will have to waive, trade, or buy somebody else out to open up that 15th roster spot for him.
Immediately upon the heels of this trade came the news that they were trying to buyout T.J. Ford. Immediately upon the heels of that news came the news that T.J. Ford would not take a buyout.