Pacers sign Nembhard to 3-year, $59M extension
The Indiana Pacers signed Andrew Nembhard to a three-year, $59-million contract extension, his agents told ESPN's Adrian Wojnarowski.
Indiana will reportedly decline his $2.2-million team option for 2025-26, allowing the new deal to start next season, adds Wojnarowski.
The 6-foot-5 guard will earn $18.1 million in 2025-26, $19.6 million in 2026-27, and $21 million in the final season of his contract, per ESPN's Bobby Marks.
Nembhard is coming off a breakout performance in the postseason. He averaged 14.9 points, 5.5 assists, and 3.3 boards to help the Pacers reach their first East final in a decade.
Nembhard is one of four players in league history to shoot at least 45% from deep and 55% from the floor overall in one postseason, according to ESPN Stats & Info.
Indiana selected Nembhard with the 31st overall pick two years ago.
The 24-year-old is set to represent Canada at this summer's Olympics in Paris.