Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Pacers’ George Agrees to NBA Contract That Might Top $90 Million

Indiana Pacers forward Paul George averaged 17.4 points, 7.6 rebounds, 4.1 assists and 1.8 steals a game for the Pacers last season, his third in the National Basketball Association. Photographer: Issac Baldizon/NBAE via Getty Images
Indiana Pacers forward Paul George averaged 17.4 points, 7.6 rebounds, 4.1 assists and 1.8 steals a game for the Pacers last season, his third in the National Basketball Association. Photographer: Issac Baldizon/NBAE via Getty Images

Sept. 25 (Bloomberg) -- All-Star forward Paul George signed a multiyear contract extension with the Indiana Pacers that can be worth more than $90 million.

George averaged 17.4 points, 7.6 rebounds, 4.1 assists and 1.8 steals a game for the Pacers last season, his third in the National Basketball Association. He won the NBA’s Most Improved Player Award, was selected as an All-Star for the first time and helped Indiana reach the conference finals.

The Pacers didn’t disclose terms of George’s contract in a news release. ESPN reported this week that the two sides completed a five-year extension at the NBA’s maximum, giving George, 23, about $80 million in guaranteed money. The value of the contract would increase to more than $90 million if he makes an All-NBA team or wins a Most Valuable Player award after the 2013-14 season, ESPN reported.

“I want to thank the Pacers for believing in me when they drafted me,” said George, who was the NBA’s 10th pick in 2010 out of Fresno State. “To continue my career with the Pacers was a very easy decision.”

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.