With money to spend, Larry Bird is already making some moves as training camp begins.

The franchise has signed former New Orleans Hornets' forward David West to a two-year, 20 million dollar contract.

The news was first reported Sunday afternoon by Indianapolis Star reporter Mike Wells  and was later confirmed by West in an interview with ESPN.

"Indy was a team that I was really giving a good, hard look at," West said in an interview with ESPN.com's news services. "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."

So far the Indiana Pacers have not confimed this transaction.

West played 70 games last season for New Orleans, scoring 18.9 points a game while grabbing 7.5 rebounds a contest. His services were courted by a few teams following the end of the lockout, with Indiana beating out Boston in the end.