Here’s a concise, \~200‑word summary of the Pacers’ extension of Tyrese Haliburton’s contract:
**What happened:**
The Indiana Pacers have signed franchise cornerstone Tyrese Haliburton to a five-year rookie-maximum contract extension—valued at up to **\$260 million**, with a guaranteed base of about **\$206 million** and performance triggers boosting the total ([si.com][1]).
**Why it matters:**
Haliburton has emerged as a top-tier point guard—averaging roughly **20 points and 10 assists per game**, shooting over 40% from deep, earning multiple NBA All-Star nods and a recent All-NBA Third Team selection ([si.com][2]). The extension solidifies his status as a true franchise leader and identity-setter for Indiana, as highlighted by front-office executives ([si.com][1]).
**Strategic implications:**
This long-term deal comes without player or team options and includes a 15% trade kicker—ensuring Haliburton’s presence through at least the **2028–29** season ([hoopshype.com][3]). It gives Indiana stability at its most important position and sends a strong message about its commitment to competitive continuity.
**Reactions:**
Key figures like new teammate Jarace Walker and core guard Bennedict Mathurin praised the move, citing Haliburton’s leadership and the continuity it brings to the roster ([si.com][4]).