"It's an exciting trade and it changes the landscape significantly,'' said Pacers coach Rick Carlisle. He called Haliburton "an elite young point guard that affects the game positively in many, many ways. We're getting three players who are good now and in the case of Tyrese, he has a chance to continue to grow. ... Finding a franchise-caliber point guard at age 21 is extremely difficult to do.''
The NBA trade deadline is 3 p.m. Thursday.
The Kings paid a steep price, parting with Haliburton, the 12th overall pick in the 2020 NBA draft who had been believed to be a cornerstone player for the franchise's future. The Kings' backcourt now revolves around point guard De'Aaron Fox and rookie Davion Mitchell.
Haliburton has averaged 14.3 points, 7.4 assists, 3.9 rebounds and 1.7 steals this season. He is tied for sixth in the league in steals per game and is 11th in assists.
The Pacers are reshaping their roster with trades of Sabonis and Caris LeVert this week, and Indiana now adds Haliburton to a revamped backcourt that includes Malcolm Brogdon and rookie Chris Duarte. The Pacers create a $6 million trade exception in the deal.
The trade will likely have a significant impact on Myles Turner's future with the Pacers. Now he gets to play center and appears thrilled with the idea of playing with Haliburton, sources said.
Since entering the NBA in 2016-17, Hield has connected on 1,337 3-pointers. Only Curry (1,472) and James Harden (1,427) have made more during that span.
The Associated Press contributed to this report.