Woj: Siakam re-ups with Indiana 4YRS $190M

WuTang_CMB · Post #1 » by **WuTang_CMB** » Wed Jun 19, 2024 1:24 pm

Pacers president of basketball operations Kevin Pritchard and general manager Chad Buchanan presented the max offer to Siakam and his agents Todd Ramasar and Jafaar Choufani of Life Sports Agency on Tuesday -- shortly after the NBA's new early contact rules allowed for teams to begin negotiating extensions and free agent deals with their own players after the NBA Finals.

Siakam, 30, plans to sign the deal once the league's free agency moratorium ends on July 6, sources said.

Siakam arrived in a blockbuster deal with the Toronto Raptors in January and played an immense part in the franchise's run to the Eastern Conference Finals for the first time in a decade. The Pacers pursued Siakam in the final year of his Raptors contract, banking that his championship and All-NBA pedigree would make for a perfect running-mate for All-NBA guard Tyrese Haliburton.

The Pacers will now have Haliburton and Siakam under contract through 2028 and 2029, respectively.

Siakam averaged 21.3 points on 55% shooting and 39% 3-point shooting in 41 regular season games upon arriving in Indiana. He became the third player to average 35 points and 10 rebounds in each of his first two playoff games, joining Elgin Baylor (1961) and Wilt Chamberlain (1967). He scored 367 points in the 2024 playoffs, the most for a Pacers player since Paul George in 2014.

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douggood · Post #2 » by **douggood** » Wed Jun 19, 2024 1:25 pm

congrats spicy p

OakleyDokely · Post #3 » by **OakleyDokely** » Wed Jun 19, 2024 1:28 pm

4 year max is a solid deal for both sides.

It was always going to be tough for him to get that 5th year given his age and the fact only his current team could offer it.

2019nbachamps · Post #4 » by **2019nbachamps** » Wed Jun 19, 2024 1:29 pm

Interesting we were unwilling to re-up him on what is a pretty reasonable deal. I guess it came down to not wanting to go into the tax with a team our FO concluded was uncompetitive.

Consequence · Post #5 » by **Consequence** » Wed Jun 19, 2024 1:32 pm

First off, congrats to Pascal. Great situation and a BAG. I think if he had signed this extension last summer, trading him wouldn't have led to any better of a return - too many teams would have viewed the long term commitment as a risk and the higher salary would have meant more difficulty matching.

HumbleRen · Post #6 » by **HumbleRen** » Wed Jun 19, 2024 1:32 pm

2 max contracts in a row for him.

Imagine saying that in 2016. Happy for him and his family.

BBS22 · Post #7 » by **BBS22** » Wed Jun 19, 2024 1:33 pm

Next championship reunion dinner is on Pascal.

Raptors Realtor · Post #8 » by **Raptors Realtor** » Wed Jun 19, 2024 1:33 pm

Fair deal for both Siakam and Pacers... I expect OG to re-sign with Knicks on $38M/per over 4 years.

ForeverTFC · Post #9 » by **ForeverTFC** » Wed Jun 19, 2024 1:35 pm

Congrats to Pascal. ~$330m in career earnings.

InfraRedshaw · Post #10 » by **InfraRedshaw** » Wed Jun 19, 2024 1:37 pm

Congrats Spicy!

With him and OG re-upped, I think it's time both those deals will start to look better for us

bstein14 · Post #11 » by **bstein14** » Wed Jun 19, 2024 1:39 pm

Not having to give him that 5th year makes the deal look a lot better for sure. Pretty much after this season the cap is going up 10% every season so overall as long as he stays at a near AS level its a solid signing for them.

alpngso · Post #12 » by **alpngso** » Wed Jun 19, 2024 1:42 pm

so i guess it’s safe to assume the Raps were not even willing to go to 4 years with his contract

OakleyDokely · Post #13 » by **OakleyDokely** » Wed Jun 19, 2024 1:43 pm

alpngso wrote:so i guess it’s safe to assume the Raps were not even willing to go to 4 years with his contract

I think the rumour was they offered a 3 year extension.

2019nbachamps · Post #14 » by **2019nbachamps** » Wed Jun 19, 2024 1:48 pm

I'm not even sure we offered Pascal an extension. Masai admitted we didn't offer one in the summer and then later said he effectively ghosted Pascal leading up to the trade.

Post #15 » by **Duffman100** » Wed Jun 19, 2024 1:51 pm

Happy for Pascal, well earned.

also happy we aren't paying him that as it doesn't make sense for our current state.

JB7 · Post #16 » by **JB7** » Wed Jun 19, 2024 1:52 pm

I'm surprised Pascal didn't get the 5th year. I know Indy was the only team that could offer it, but if Pascal threatened to leave, they have nothing to show for the deal.

I guess the situation in Detroit is that bad, nobody would take that bluff seriously.

WuTang_CMB · Post #17 » by **WuTang_CMB** » Wed Jun 19, 2024 1:52 pm

OakleyDokely wrote:
alpngso wrote:so i guess it’s safe to assume the Raps were not even willing to go to 4 years with his contract

I think the rumour was they offered a 3 year extension.

IIRC we offered an extension after 22' season and he declined
not sure about last off-season

Badonkadonk · Post #18 » by **Badonkadonk** » Wed Jun 19, 2024 1:54 pm

Happy for Pascal, he's worked as hard as any star player in the league for that bag.

Brinbe · Post #19 » by **Brinbe** » Wed Jun 19, 2024 1:57 pm

get that money, pskills! Not surprising. Def not an investment that made much sense for us, just wish we could've got more value for him. But that's on masai

douggood · Post #20 » by **douggood** » Wed Jun 19, 2024 1:57 pm

WuTang_OG wrote:
OakleyDokely wrote:
alpngso wrote:so i guess it’s safe to assume the Raps were not even willing to go to 4 years with his contract

I think the rumour was they offered a 3 year extension.

IIRC we offered an extension after 22' season and he declined
not sure about last off-season

at that point in 22 we could only offer 3 years
2 remaining years + 3 year extension = 5 year max length