Skip to content

Report: Paul George, Pacers finalizing five-year max contract

Sep 22, 2013, 10:48 PM EDT

Paul George

Of the 15 players who made the All-NBA first, second or third team last season, Paul George was the youngest.

On a related note, the 23-year-old is also arguably the most raw star in the league. Even though he just won Most Improved Player, George can become a a more-polished ball-handler and take his game to an even higher level.

That’s what the Pacers, whom George already led within a game of the NBA Finals, are apparently banking on.

Adrian Wojnarowski and Marc J. Spears of Yahoo Sports:

All-Star forward Paul George and the Indiana Pacers are finalizing a five-year, $90 million-plus maximum contract extension, league sources told Yahoo Sports.A deal is expected to be signed this week, league sources told Yahoo.For the Pacers and George, who was voted the 2013 NBA Most Improved Player, the five-year deal will cement the gifted young forward as Indiana’s designated franchise player.

George joins Derrick Rose, James Harden, Blake Griffin and Russell Westbrook as the only players to receive the “designated” player tag. The distinction, created in the new Collective Bargaining Agreement, allows teams to give one player a five-year extension rather than a four-year extension.Because George made the All-NBA third team last season, he could be eligible for even more money than otherwise allowable. Most players with six or fewer seasons of experience can make only up to 25 percent of the salary cap. But George, if he makes another All-NBA team (first, second or third), would be eligible to receive up to 30 percent of the salary cap. Because the extension will be signed before the season’s award votes are tallied, George and the Pacers will agree to stipulations based for both scenarios.

No matter how the final details shake out, George will earn a lot of money, and Indiana is happy to pay him. It had been clear a deal was coming, both sides committed to each other.

The Heat are aging, and as LeBron James, Dwyane Wade and Chris Bosh show their wear and tear (or leave in free agency), the East becomes more wide open. The Pacers are in the mix, but George was integral to that.

With George to be locked up, Indiana ensures it will contend next season and maybe even play favorite down the road if George improves as hoped. If he doesn’t, it’s still possible this is a decent deal for the Pacers. He’s that good.

Latest Posts
  1. Report: Anthony Bennett pulled from pro-am by agent, possibly due to his inclusion in Kevin Love trade talks

    Jul 30, 2014, 11:14 AM EDT

    Anthony Bennett Anthony Bennett

    Just like Love, Bennett is not going to be playing in any games this summer until a deal is done.

  2. Report: Sixers fighting against immediate changes to NBA Draft Lottery system

    Jul 30, 2014, 10:32 AM EDT

    Sam Hinkie, Nerlens Noel AP

    Sixers put a multi-year plan together based on current rules, which would be adversely affected with a quick change to the system.

  3. Team USA going small ball, but how many bigs do they keep on the bench?

    Jul 30, 2014, 8:40 AM EDT

    Mike Krzyzewski Mike Krzyzewski

    “Everyone talks about match-ups (with big teams such as Spain), people have to match-up against us, too.” — USA Basketball coach Mike Krzyzewski

  4. Report: LeBron James more popular than he ever was with the Heat

    Jul 30, 2014, 8:00 AM EDT

    LeBron still not as popular as prior to The Decision, though. It’s only a matter of time until he is.

  5. Dion Waiters explains tweet saying he wouldn’t accept bench role

    Jul 30, 2014, 1:30 AM EDT

    2013 Cleveland Cavaliers Media Day 2013 Cleveland Cavaliers Media Day

    Cavaliers guard says initial response stemmed from his straightforward approach, confidence

  6. NBA considering charity All-Star game in South Africa

    Jul 30, 2014, 12:30 AM EDT

    Nelson Mandela Nelson Mandela

    Collective Bargaining Agreement limits offseason charity games to United States and Canada

  7. Report: Gregg Popovich had hip-replacement surgery

    Jul 29, 2014, 10:33 PM EDT

    2014 NBA Finals - Game Five Getty Images

    Popovich signed contract extension with Spurs this offseason

  8. Durant says 2014 USA team better than 2010 version that won gold

    Jul 29, 2014, 9:44 PM EDT

    Image (1) durant_usa_fun-thumb-250x159-20234.jpg for post 4140

    “That 2010 team was one of the best experiences I’ve ever had. I think we have a team that’s even better.” —Kevin Durant

  9. Report: Magic signing Peyton Siva to unguaranteed contract

    Jul 29, 2014, 8:50 PM EDT

    Detroit Pistons v Orlando Magic Detroit Pistons v Orlando Magic

    Orlando reportedly plans to send former Pistons point guard to D-League

  10. Kevin Durant knows you’re talking about his free agency but isn’t giving many clues. He liked what LeBron did.

    Jul 29, 2014, 7:51 PM EDT

    2014 USA Basketball Men's National Team Practice Getty Images

    “I just tell everybody that I’m here in Oklahoma City, I love it here. Who knows what will happen.” —Kevin Durant on his 2016 free agency.

  11. Report: Eric Bledsoe-Suns ‘relationship is on the express lane to being ruined’

    Jul 29, 2014, 7:11 PM EDT

    Eric Bledsoe, Jeff Hornacek, Goran Dragic Eric Bledsoe, Jeff Hornacek, Goran Dragic

    Bledsoe reportedly resents how differently Pistons, Jazz and Rockets treated their restricted free agents

  12. Report: Mike Scott considering ‘lucrative’ offer to play in Russia

    Jul 29, 2014, 6:22 PM EDT

    Atlanta Hawks v Indiana Pacers - Game Seven Getty Images

    CSKA-Moscow wants to poach Scott from Atlanta Hawks

  13. Mavericks sign Ivan Johnson

    Jul 29, 2014, 5:37 PM EDT

    Dallas Mavericks v Atlanta Hawks Dallas Mavericks v Atlanta Hawks

    Johnson gets NBA contract after eventful summer league

  14. Report: Timberwolves told Kevin Love to sit out the World Cup

    Jul 29, 2014, 4:55 PM EDT

    Kevin Love Kevin Love

    I’m not sure Love is taking advice from Minnesota right now

  15. Byron Scott makes ridiculous optimism sound reasonable

    Jul 29, 2014, 4:11 PM EDT

    Los Angeles Lakers Introduce Byron Scott Getty Images

    Lakers introduce Scott as new coach in press conference

  16. Derrick Rose told Carmelo Anthony that if he came to Chicago “the game would be easy”

    Jul 29, 2014, 3:24 PM EDT

    2014 USA Basketball Men's National Team Practice Getty Images

    Rose said he was disappointed but he understands ‘Melo’s decision.

  17. LeBron James strips on stage, throws clothes into crowd (video)

    Jul 29, 2014, 2:22 PM EDT

    LeBron James LeBron James

    Want to see LeBron strip down to his underwear?

Featured video

Why can't Lakers have a player-coach?
Top 10 NBA Player Searches
  1. T. Warren (4922)
  2. L. James (4380)
  3. K. Love (3735)
  4. D. Rose (3383)
  5. R. Allen (3137)
  1. J. Nelson (3039)
  2. C. Anthony (2994)
  3. K. Bryant (2776)
  4. A. Aminu (2135)
  5. C. Boozer (2059)