Kam Jones inked a two-way contract with the Milwaukee Bucks on Saturday. The Indiana-selected second-rounder from the 2025 NBA Draft spent the 2025-26 season with the Pacers, appearing in 37 games, starting seven, and averaging 4.4 points, 3.2 assists and 1.6 rebounds in 16.6 minutes per contest. A June trade sent him to Chicago, where the Bulls waived him before the season began. Milwaukee, still retooling after dealing Giannis Antetokounmpo to the Miami Heat, added Jones as a low-risk depth piece for its backcourt.

Jones’ production in Indiana was modest but efficient for a rookie thrust into a rotating role. In limited minutes he handled the ball at a respectable clip, posting 3.2 assists per game and showing the ability to find teammates in a Pacers system that emphasized ball movement. While his scoring never broke double figures, the per-minute numbers suggest a player who can contribute when called upon, especially in a pick-and-roll heavy offense where a quick first step and solid decision-making are valuable assets.

The Bucks entered the offseason with a clear need for guard depth after the Giannis trade cleared a significant cap space but also left a void in veteran leadership. Two-way contracts give Milwaukee flexibility to experiment with young talent without committing a full roster spot. Jones fits that model: he can practice with the NBA squad, learn the team’s spacing concepts, and provide a spark in garbage-time minutes while the coaching staff evaluates his defensive positioning and ball-handling consistency.

Under the two-way structure Jones will split his time between the Bucks and their G League affiliate, the Wisconsin Herd. He is eligible to appear in multiple NBA games, meaning that injuries to the Bucks’ primary backups or a strong showing in the G League could accelerate his promotion. The upcoming training camp and preseason will serve as his audition, and a solid performance could earn him a standard NBA contract before the midseason deadline.

Milwaukee’s front office has increasingly relied on two-way deals to replenish the roster after the Giannis move. By signing players like Jones, who have demonstrated flashes of playmaking in limited roles, the Bucks maintain a pipeline of developing talent while preserving cap flexibility. The addition of another developmental guard underscores the organization’s commitment to building a roster that can adapt to its offensive philosophy and remain competitive in a post-Giannis era.