The Hornets had been in discussions to send West to Boston in a sign-and-trade deal but NBA.com reported Sunday that those talks ended, which opened the door for Indiana to land West.
"Indy was a team that I was really giving a good, hard look at," West said in a phone interview. "They've got a good balance in terms of a couple good veterans and some really good young players. There are some budding guys and I think that's a team that I can help in the next couple years."
The Pacers may not be done dealing, though.
The Memphis Grizzlies are in advanced discussions with Indiana on a sign-and-trade deal that would bring free agent Josh McRoberts to the Grizzlies and send guard O.J. Mayo to the Pacers, according to sources close to the process.
The Indianapolis Star reported earlier Sunday that the New York Knicks' pursuit of Jamal Crawford in a sign-and-trade deal with Atlanta and one more unspecified team was expected to put the Pacers back on the Mayo trail.
The Mayo-McRoberts deal, if it goes through, is a re-run of the deal that the teams nearly pulled off at the trade deadline in February before a snafu in submitting the deal to the league office resulted in the trade collapsing. In that deal, Memphis was set to acquire McRoberts and a first-round pick for Mayo.
Information from ESPN The Magazine's Chris Broussard, ESPN.com senior writer Marc Stein, and The Associated Press was used in this report.