Official exit in Indiana
The Indiana Pacers have waived forward M.J. Iraldi effective September 15, leaving him without an NBA team just one day after adding him to their preseason roster on an Exhibit 10 contract. The move confirms his exit from the franchise and opens the usual path toward G League affiliate Noblesville Boom.
The transaction appears in NBA.com oficial and was confirmed by HoopsHype, which places the cut within the expected wave of waivers after the four Exhibit 10 agreements Indiana signed at the start of the week.
Iraldi profile
Iraldi, a 6-foot-6 wing who went undrafted in 2025 after playing at Nova Southeastern, returns to a familiar setting within the Pacers ecosystem. Last season he appeared in 40 games for Noblesville Boom, averaging 10.4 points, 3.5 rebounds and 2.7 assists in 21.8 minutes per game.
HoopsHype notes that the waiver does not signal a break with Indiana project: Iraldi fits the Exhibit 10 routine of players who pass through the main preseason roster before continuing their development with the affiliate.
What the waiver means
By leaving the main roster, Iraldi no longer occupies a camp spot and becomes a free agent until his next step within the Pacers ecosystem is defined. The most likely scenario remains Noblesville Boom, where he already knows the system and could follow the Exhibit 10 pathway.
If he eventually joins the affiliate and spends at least 60 days in the G League, he could earn an Exhibit 10 bonus worth up to $91,000. For Indiana, the move fits the rotation of developmental profiles the Pacers have been moving through preseason spots after reaching the 21-player offseason contract limit.
Roster context
Iraldi signed his Exhibit 10 alongside Keion Brooks Jr., Cam Hildreth and Wade Taylor IV, a group HoopsHype also lists among the September 15 waivers. The move repeats the dynamic Indiana has used this summer with non-guaranteed deals designed to secure rights in Noblesville rather than lock roster spots on the main NBA team.
