Tyrese Haliburton will sign a five-year, $260 million contract extension with Pacers

The agreement is the biggest in Pacers history and only the second above $100 million in total value for the team

Tyrese Haliburton, an All-Star guard, and the Indiana Pacers have reached an agreement on a five-year contract extension with a $260 million maximum value, according to the player’s representatives, Dave Spahn and Aaron Mintz of CAA Sports, who spoke to ESPN’s Adrian Wojnarowski on Friday night.

The agreement is the biggest in Pacers history and only the second above $100 million in total value for the team.

In his first four seasons, Haliburton averaged 16.2 points and 8 assists while shooting 48% from the field and 41% from 3-point range, making him one of the top picks from the 2020 NBA Draft.

According to ESPN Stats & Information research, he broke out as an All-Star for Indiana last season, becoming the first player in NBA history to average 20 points and 10 assists while shooting 40% from 3-point range in a season (20.7 points, 10.4 assists, 40.0% 3-point).