The Pacers and guard Andrew Nembhard have agreed to terms on a three-year contract extension, agents Todd Ramasar and Jaafar Choufani tell ESPN’s Adrian Wojnarowski.
The new deal will begin in 2025/26, replacing Nembhard’s team option for that season. According to Wojnarowski, it’ll be worth the maximum amount that the Pacers guard can receive on a three-year extension based on NBA rules (140% of this season’s $12.93MM estimated average salary, with 8% annual raises).
Nembhard will earn a starting salary of approximately $18.1MM in ’25/26 and a total of $58.65MM across the three seasons. The 24-year-old is making a minimum salary of about $2.02MM in the final year of his current contract in ’24/25.
The 31st overall pick in the 2022 draft, Nembhard has started 110 of 143 games for the Pacers since entering the league, posting averages of 9.3 points, 4.3 assists, and 2.4 rebounds in 26.4 minutes per contest, with a shooting line of .467/.353/.797.
While he typically starts alongside star point guard Tyrese Haliburton, the former Gonzaga standout also shares backup point guard duties with T.J. McConnell, taking on additional ball-handling responsibilities when he’s not on the floor with Haliburton.
As Wojnarowski points out, Nembhard was Indiana’s top performer when Haliburton was unavailable in Games 3 and 4 of the Eastern Conference Finals this spring due to an injury. He averaged 28.0 PPG, 9.5 APG, and 5.0 RPG on .564/.538/1.000 shooting in those two single-possession losses to the eventual champion Celtics.
Nembhard’s deal will be the third long-term contract handed out to a key rotation piece by the Pacers this offseason. Pascal Siakam received a four-year, maximum-salary deal, while Obi Toppin signed a four-year, $58MM pact. Haliburton’s five-year max extension, signed in 2023, also takes effect this season.
Nembhard will be suiting up at the Olympics in Paris this summer, providing depth in a loaded Canadian backcourt headlined by Shai Gilgeous-Alexander and Jamal Murray.