Pacers player Tyrese Halliburton extends his contract by five years, maximum

All-Star guard Terese Haliburton and the Indiana Pacers have agreed to a maximum five-year contract extension that could be worth up to $260 million, his agents, Dave Spahn and Aaron Mintz of CAA Sports, told ESPN’s Adrian Wojnarowski Friday night. .

The deal is the largest in Pacers history and also the franchise’s second to exceed $100 million.

Haliburton was a local running back selection from the 2020 NBA draft, averaging 16.2 points and 8 assists per game while shooting 48% from the field and 41% from 3 in his first 4 seasons.

He broke out as a starting star last season for Indiana, becoming the first player in NBA history to average 20 points and 10 assists while shooting 40% from 3-point range in a season, according to ESPN Stats & Information Research (20.7 points, 10.4 assists). , 40.0% 3 points).

The Pacers have an offensive rating of 118.8 this season with Haliburton in the field, which would be among the top five in the league.

That made his contract extension a lock for Indiana, which has begun to rebuild its roster in recent years with Haliburton as a pillar of the franchise.

After being selected 12th overall by the Sacramento Kings, Haliburton was traded in February 2022 to Indiana in a deal centered around big man Domantas Sabonis. The move has worked out well for both franchises given that the Kings snapped a 16-year drought in 2023 and the Pacers acquired a junior guard who could be the foundation of their team for years to come.

ESPN’s Jamaal Collier contributed to this report.