Pascal Siakam Agrees to Massive Deal To Stay in Indiana

Pascal Siakam had said last year he didn’t want to leave the Toronto Raptors  But when it became clear they weren’t comfortable giving him a max extension as they head into rebuild mode, he agreed to go to the Indiana Pacers who were prepared to give him that contract. 

Today, it's pretty much a done deal. 

ESPN Sources: All-NBA forward Pascal Siakam intends to sign a new four-year, $189.5 million maximum contract to return to the Indiana Pacers. Siakam plans to sign deal once league’s free agency moratorium ends on July 6. pic.twitter.com/Klz10dQv9a

— Adrian Wojnarowski (@wojespn) June 19, 2024

It's a 4-year deal worth $189.5 million. But in fact, he gave the Pacers a break. Indiana not having to pay Siakam a full-scale five years for his max deal is amazing value for them.

Here’s a look at Pascal Siakam’s four-year, $189.5 million max extension with the Pacers:

2024-25 = $42.3 million
2025-26 = $45.7 million
2026-27 = $49.1 million
2027-28 = $52.5 million

Siakam’s contract in Indiana will cover his entire prime years until he turns 34-years-old. pic.twitter.com/oxqALoSFxb

— Evan Sidery (@esidery) June 19, 2024

Siakam was an immediate fit with the Pacers other superstar, Tyrese  Halliburton. Indiana won the minutes with Tyrese+Siakam on the floor together in every round of the playoffs, including against Boston. 

Overall, Siakam averaged 21.8 points for the Pacers with 7.8 rebounds and 3.5 assists in 41 games. 

Photo : Jayne Kamin-Oncea-USA TODAY Sports