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Report: Pacers, Andrew Nembhard agree to 3-year extension

The contract is reportedly worth $59 million and will keep the guard with the Pacers through the 2027-28 season.

INDIANAPOLIS — The Pacers have reportedly locked up one of the breakout stars of the 2024 Eastern Conference playoffs, agreeing to a three-year contract extension with guard Andrew Nembhard, ESPN's Adrian Wojnarowski reports.

The contract, confirmed to ESPN by Nembhard's agents Wednesday morning, is worth $59 million and will take him through the 2027-28 season, per Wojnarowski.

The Pacers will decline Nembhard's $2.2 million team option in 2025-26, allowing the new contract to begin next year, according to the report.

RELATED: Meet the athletes with Indiana connections going for gold at the 2024 Paris Olympics

Drafted out of Gonzaga in 2022 with the 31st overall pick in the NBA draft, Nembhard averaged nearly 15 points along with 5.5 assists and 3.3 rebounds on the Pacers' playoff run to their first conference finals in a decade.

Nembhard, 24, is set to represent Canada in the Paris Summer Olympics.

RELATED: Arsenal Tech grad Trey Lyles, Pacers' Andrew Nembhard named to Canadian Olympic basketball team

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