ESPN3 minutes of reading
All-Star guard Tyrese Haliburton and the Indiana Pacers have agreed to a five-year max contract extension worth $260 million, his agents Dave Spahn and Aaron Mintz of CAA Sports told ESPN’s Adrian Wojnarowski on Friday night.
The deal is the largest in Pacers history and the franchise’s second contract to exceed $100 million.
Halliburton was one of the home run picks from the 2020 NBA Draft, averaging 16.2 points and 8 assists per game on 48% and 41% from 3 in his first four seasons.
He was a first-time All-Star for Indiana last season, becoming the first player in NBA history to average 20 points and 10 assists, according to ESPN Stats and Information Research. (20.7 points, 10.4 assists, 40.0% 3-point).
The Pacers have a 118.8 offensive rating with Halliburton this season, which would be a top-five offense in the league.
That made his contract extension a lock for Indiana, which has begun rebuilding its roster in recent years with Halliburton as one of its franchise pillars.
Taken No. 1 overall by the Sacramento Kings. After being picked 12, Halliburton was traded to Indiana in February 2022 in a deal centered around big man Domantas Sabonis. It was a move that worked out well for both franchises considering the Kings snapped a 16-year playoff drought in 2023, and the Pacers gained a young point guard that will be the foundation of their team for years to come.
ESPN’s Jamal Collier contributed to this report.
“Friend of animals everywhere. Devoted analyst. Total alcohol scholar. Infuriatingly humble food trailblazer.”