On August 22, 2006, Edwards was traded back to the Pacers, along with Al Harrington, in exchange for a 2007 first-round draft pick. He was waived in preseason, and split time with two NBDL teams in 2006–07. Edwards signed with the Albuquerque Thunderbirds in December 2006 then with the Tulsa 66ers the following month. The following season, also during preseason, Edwards was waived by the Minnesota Timberwolves, signing in November 2007 with Cherkassy.