Thompson was waived by the Pacers on Thursday, Tony East of Forbes.com reports.
This move, which opens up a two-way spot on the Indiana roster, will allow Thompson to pursue opportunities overseas, per Scott Agness of FieldhouseFiles.com. Thompson appeared in 32 games (13 starts) with the Pacers a season ago, averaging 7.0 points, 2.2 rebounds and 1.8 assists in 20.4 minutes per matchup.