INDIANAPOLIS — The Indiana Pacers have acquired point guard Darren Collison and forward James Posey from New Orleans in a four-way trade that also includes New Jersey and Houston.

The Pacers also announced Wednesday they have dealt Troy Murphy to the Nets, who sent guard Courtney Lee to Houston. To complete the trade, the Rockets shipped swingman Trevor Ariza to New Orleans.

Indiana was searching for a point guard since T.J. Ford fell out of favor last season with coach Jim O’Brien. The Pacers get a good young one in Collison, who played well when Chris Paul was injured. He averaged 12.4 points and 5.7 assists as a rookie last season, including 18.8 points and 9.1 assists in 37 starts.