Are the Revamped Indiana Pacers a Legitimate Eastern Conference Contender?

The NBA's free-agency period has just opened, and some big-name players have already decided where they will play next season. Al Jefferson, who played in Charlotte last season, has verbally agreed to a three-year, $30 million contract with the Pacers.

Will Jefferson, mixed with Thaddeus Young and Jeff Teague, make the Pacers a threat in the East?

Watch as Stephen Nelson and Bleacher Report NBA Analyst Howard Beck discuss the Pacers' future in the video above.

Free-agency information courtesy of ESPN.com.