Indiana Pacers have secured their future by agreeing to a three-year, 59-million dollar extension with guard Andrew Nembhard. Nembhard, currently in his third year, had two years remaining on his rookie contract worth 8.6 million dollars. The team decided to decline the club option for the final year, valued at approximately 2.2 million dollars.
With this extension, Nembhard will receive his rookie scale salary in 2024-25 and then transition to his new pay scale in 2025-26. The specifics of the new pay scale are yet to be disclosed. This extension ensures Nembhard's presence with the Pacers until the 2027-28 season.
