The Indiana Pacers have agreed to an extension with guard Andrew Nembhard. Per multiple reports, the signing is a three-year, $59 million deal to keep the former second-round pick with the team. The team officially announced the move on July 26.
Indiana Pacers guard Andrew Nembhard has agreed on a three-year, $59 million contract extension, Todd Ramasar and Jaafar Choufani of @LifeSportsAgncy tell ESPN. Deal is maximum allowable over that term for one of the breakout players of the 2024 NBA playoffs. pic.twitter.com/N4dKUEX4YN
— Adrian Wojnarowski (@wojespn) July 24, 2024
After drafting him No. 31 overall in 2022, Nembhard has been a sizable Pacers development story in his two NBA seasons.
— Adrian Wojnarowski (@wojespn) July 24, 2024
The Pacers took Nembhard with the No. 31 pick in the 2022 Draft and he has developed into a consistent performer for Indiana. Last season, he averaged 9.2 points, 2.1 rebounds and 4.1 assists per game on 49.8% shooting during the regular season. He was a key performer in the playoffs, putting up 14.9 ppg, 3.3 rpg and 5.5 apg on 56% shooting for Indiana, who reached the Eastern Conference Finals.
Nembhard rotated in and out of the starting lineup throughout the 2023-24 season, helping Indiana go 30-17 when he was in the top lineup. In the first round against the Milwaukee Bucks, Nembhard posted 13.8 ppg, 3.3 rpg and 4.7 apg and scored 20 points in a key Game 2 win in that series.
He also delivered a crucial moment in Game 3 of the East semifinals against the New York Knicks. Nembhard hit a 3-pointer with 17.8 seconds left to give Indiana its first win in the series as the Pacers would later oust the Knicks in Game 7 at Madison Square Garden.
The Pacers are investing in their young core of All-Star guard Tyrese Haliburton, forward Pascal Siakam, Nembhard and others. Haliburton signed a max contract extension with Indiana last summer and Siakam, whom the team acquired in January, signed a max extension earlier in the offseason.
Additionally, the team kept valuable forward Obi Toppin in the fold with an extension this summer and added frontline depth by signing former No. 2 overall pick James Wiseman as a free agent.