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NBA Star Gets Historic Contract Extension

Photo byFlickr User adstarkel via CC SA 2.0

Contracts in the NBA have continued to rise in recent years, with notable agreements to stars such as Suns star Devin Booker, who signed a four-year, $224 million supermax contract back in July, or Nuggets star Nikola Jokic, who signed a five-year, $270 million contract in June, the largest in NBA history.

Now, Indiana Pacers star Myles Turner is also getting into the wealth of cash, signing an extension that will include a $17.1 million renegotiation bump, the largest in NBA history. According to ESPN's Adrian Wojnarowski, the two-year extension will pay Turner $60 million, tying him to the Pacers through the 2024-2025 season.

The extension now eliminates Turner as a possible free-agency pickup this offseason and reaffirms his relationship with the Pacers, following a turbulent period that was fueled by rumors of a potential trade during his final contract year. However, the Pacers' great play this year, inspired by new acquisition Tyrese Haliburton and rookie sensation Bennedict Mathurin, has given the franchise a new outlook on the future.

This year, Turner has averaged career-highs in points, field goal percentage, and three-point field goal percentage. Thus far, he has put up 17.5 points per game, adding 7.9 rebounds and 2.4 blocks a game. According to ESPN, he is one of only three players to have at least 50 3-pointers and 75 blocks this season, joining Jaren Jackson Jr. and Brook Lopez.

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