(NEW YORK) — The Indiana Pacers emerged as one of the best teams in the Eastern Conference last season behind forward Paul George. According to ESPN, the team has rewarded George with a five-year contract extension.
Terms of the deal have not been announced yet, but George is expected to receive a deal in the neighborhood of $80 million. The deal can be worth up to $90 million if he makes an All-NBA team or the MVP Award after this upcoming season.
Under George, the Pacers made it all the way to the Eastern Conference Finals before losing to the Miami Heat. In the playoffs, George averaged 19.2 points and 7.4 rebounds per game.
Entering his fourth year in the NBA, George has gotten better each season in the NBA. This past season, the 23-year-old averaged 17.4 points and 7.6 rebounds per game.
The Pacers have now locked up three of their core members for the future. Center Roy Hibbert signed a contract extension last season, and power forward David West agreed to a new contract with the Pacers earlier this summer.
Copyright 2013 ABC News Radio
Jill Martin, CNN
Eliott C. McLaughlin, CNN Newswire