After contract extension negotiations stalled, Buddy Hield and the Indiana Pacers have begun a dialogue to work on a potential trade with another team, league sources say.

Hield is open to a trade elsewhere, according to rival team sources, but no deal is imminent and there are no current substantive talks with any other team. The Pacers have offered Hield an extension in recent weeks, but their proposal is believed to have not made the seven-year guard feel wanted, league sources said.

Hield is in the final year of his contract for the 2023-24 season at $19.2 million and is set to be one of the top free agents next summer. Hield is the NBA leader in 3-pointers made over the past five seasons with 1,381. Golden State’s Stephen Curry (1,261) and Portland’s Damian Lillard (1,118) rank second and third, respectively, behind Hield’s 3-pointers made in the past five years.

Multiple teams are expected to express interest in a potential trade for Hield and those talks are expected to continue as NBA training camps open over the next two weeks.

Hield joined the Pacers during the 2021-22 offseason in the Tyrese Haliburton trade from the Sacramento Kings and immediately emerged as a positive veteran leader and productive running back alongside the franchise cornerstone in Haliburton. Hield, 30, averaged 16.8 points and five rebounds while shooting 42.5 percent from 3-point range last season.

“I love Buddy,” Pacers president of basketball operations Kevin Pritchard said in April. “There are some things he does off the field, the way he trains is light.”

(Photo: Trevor Ruszkowski/USA Today)