The Associated Press

SACRAMENTO, Calif. - Indiana, Sacramento and San Antonio joined for a five-player trade Thursday that sent center Brad Miller to the Kings moments after he signed a seven-year, $68 million contract with the Pacers.

The Kings traded center Scot Pollard to the Pacers and sent promising forward Hedo Turkoglu to the Spurs, who traded forward Danny Ferry to Indiana. San Antonio also got guard Ron Mercer from the Pacers.

"We're very excited to add an All-Star-caliber player to our team," Kings president of basketball operations Geoff Petrie said.

The Kings hope they got their center of the future in Miller, since aging veteran Vlade Divac is entering the final year of his contract.

The deal was costly to the Kings' depth, however: Sacramento lost Turkoglu, widely thought to be a future star, and Pollard, the eccentric big man who was a fan favorite and a prized reserve.

Pacers CEO Donnie Walsh said Indiana also received a trade exception worth about $4 million. He believes he now has the room to re-sign five-time All-Star Reggie Miller and possibly another free agent.

Miller, a 7-footer, averaged 13.1 points and 8.3 rebounds last season. More importantly, he's a tough defensive player who should relish the chance to match up regularly with Shaquille O'Neal, Tim Duncan and other top West big men.

The Pacers discovered they couldn't re-sign Miller without setting themselves up to pay the next luxury tax. "We couldn't keep Brad because of the numbers," Pacers president of basketball operations, Larry Bird said.

• The Spurs signed free agent forward Robert Horry to a one-year contract with a club option for a second year. He reportedly will earn about $5 million a season.

BUCKS: Atlanta coach Terry Stotts, a former Bucks assistant under George Karl, interviewed with Milwaukee general manager Larry Harris Wednesday. "I'm glad I met with Larry and I thought it went well," Stotts said Thursday.