Budinger has signed with Baskonia of the Spanish ACB EuroLeague, international reporter David Pick reports.
Budinger was waived by the Nets on Tuesday, Marc Spears of ESPN reports.
Budinger signed a contract with the Nets on Wednesday, Adrian Wojnarowski of Yahoo! Sports reports.
Budinger had two points (1-1 FG, 0-2 FT), two assists, and one rebound in seven minutes during the Suns' 103-90 loss to the Hawks on Tuesday.
Budinger will sign a contract with the Suns on Tuesday that will run through the rest of the season, Paul Coro of the Arizona Republic reports.
Budinger was officially waived by the Pacers on Saturday.
Budinger will be bought out by the Pacers, Candace Buckner of the Indy Star reports.
Budinger contributed four points (1-3 FG, 2-2 FT), four rebounds, and one assist in 12 minutes during the Pacers' 96-95 loss against the Hornets on Friday.
Budinger (coach's decision) didn't play in Saturday's 112-104 win over the Pistons.
Budinger contributed two points (0-3 FG, 0-1 3Pt, 2-4 FT) and six rebounds in 14 minutes during the Pacers' 97-94 win versus the Suns on Tuesday.