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Pacers and Pascal Siakam Reach Agreement on Four-Year, $189.5M Max Contract
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    Pacers and Pascal Siakam Reach Agreement on Four-Year, $189.5M Max Contract

    Pascal Siakam is sticking with the Indiana Pacers.

    The former Toronto Raptors all-star and the Pacers have agreed to a four-year, $189.5-million max contract, ESPN’s Adrian Wojnarowski reports.

    The contract will not be signed until July 6 when the NBA’s free agency moratorium ends.

    According to Wojnarowski, Pacers president of basketball operations Kevin Pritchard and general manager Chad Buchanan presented the offer to Siakam and his agents on Tuesday.

    Siakam was traded to the Pacers in mid-January and went on to help Indiana reach the Eastern Conference Finals.

    Between Toronto and Indiana in the 2023-24 season, the 30-year-old averaged 21.7 points, 7.1 rebounds and 4.3 assists per game on 53.6 per cent shooting from the field.

    The Pacers traded a package involving Bruce Brown, Jordan Nwora and three first-round picks for the two-time All-Star and 2019 NBA champion. The deal paired Siakam with star point guard Tyrese Haliburton as Indiana made the post-season for the first time in four seasons.

    Siakam scored 367 points in Indiana’s playoff run, the most for a Pacer since Paul George in 2014.

    Retaining Siakam was obviously a priority for the Pacers heading into the off-season.

    “The first very important step is to begin recruiting Pascal Siakam in earnest,” Pacers head coach Rick Carlisle said after Indiana had been eliminated. “He’s a great player. He was tremendous for us. The acquisition of him in late January really was a key enabler for us to not only make the playoffs but be able to advance in the playoffs. That’s something that you simply cannot take for granted.”

    They could not take Siakam’s performance for granted and acted on that sentiment, handing him one of the largest deals in franchise history.

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    The Indiana Pacers and forward Pascal Siakam have reached an agreement on a four-year, $189.5 million maximum contract, according to reports. The deal solidifies Siakam as a cornerstone of the Pacers’ future and represents a significant investment in the 27-year-old’s potential.

    Siakam, who was acquired by the Pacers in a trade with the Toronto Raptors last season, has quickly become a key player for the team. Known for his versatility and defensive prowess, Siakam has proven himself to be a valuable asset on both ends of the court.

    The max contract extension is a clear indication of the Pacers’ commitment to building around Siakam and their belief in his ability to lead the team to success in the coming years. It also reflects the rising value of elite players in today’s NBA, where top-tier talent commands top dollar.

    Siakam’s new contract places him among the highest-paid players in the league, a testament to his impact on the court and his potential for further growth. With his combination of scoring, rebounding, and playmaking abilities, Siakam has the potential to be a franchise player for the Pacers for years to come.

    The agreement between Siakam and the Pacers comes at a crucial time for the team, as they look to build on their recent success and compete for a championship in the near future. With Siakam locked in for the long term, the Pacers have a solid foundation to build upon and a player they can rely on to lead them to greater heights.

    Overall, the Pacers’ decision to sign Siakam to a max contract extension is a bold move that reflects their confidence in his abilities and their commitment to building a winning team. As Siakam continues to develop and grow as a player, he will be a key piece of the puzzle for the Pacers as they strive for success in the competitive landscape of the NBA.