Andrew Nembhard Signs $59 Million Extension with Pacers
Andrew Nembhard Signs $59 Million Extension with Pacers

Andrew Nembhard Signs $59 Million Extension with Pacers

News summary

Guard Andrew Nembhard has signed a three-year contract extension with the Indiana Pacers worth approximately $59 million, set to commence in the 2025-26 season. This deal replaces his current $2.19 million club option and will not affect the Pacers' 2024-25 salary cap. Nembhard's impressive performance during the 2024 playoffs, where he averaged 14.9 points and 5.5 assists, contributed to the team's success and his contract's maximum value. The Pacers will need to manage their salary cap space effectively, especially as center Myles Turner approaches free agency. Nembhard's development as a key player complements the Pacers' young roster, which includes All-Star Tyrese Haliburton and other promising guards. His contract extension highlights the team's commitment to building around their emerging talent.

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