3:59 pm: Jackson has officially re-signed with the Pacers, the team announced today in a press release.
2:59 pm: The Pacers and restricted free agent center Isaiah Jackson have reached an agreement on a new three-year contract worth $21MM, agents Drew Morrison and Sam Rose tell Shams Charania of ESPN (Twitter link).
The 22nd overall pick in the 2021 draft, Jackson played a modest role through his first four seasons in Indiana, averaging 7.2 points, 4.3 rebounds, and 1.3 blocks in 15.0 minutes per game across 163 appearances (31 starts). He missed nearly the entire 2024/25 season due to a right Achilles tear that he suffered in the sixth game of the season.
James Wiseman, who sustained a torn Achilles of his own in the Pacers’ regular season opener last October, appeared to have moved ahead of Jackson on the center depth chart entering the season. Given that context and the fact that Jackson is now coming off a major injury, it was somewhat surprising that the 23-year-old received a $6.4MM qualifying offer from Indiana last month to make him a restricted free agent.
That qualifying offer and this new three-year agreement are strong signals that the Pacers still believe in Jackson’s potential and feel good about where he’s at in his recovery from Achilles surgery.
The QO also makes more sense in retrospect knowing that Myles Turner‘s return to Indiana wasn’t the virtual lock that it seemed to be entering the free agent period. With Turner now in Milwaukee, Jackson will have an opportunity this fall to compete for minutes at center with Jay Huff, Tony Bradley, and Wiseman, who has returned to the Pacers on a new deal of his own.
Jackson’s new deal will give the Pacers 15 players on standard contracts for 2025/26, though Wiseman only has a partial guarantee and Bradley’s 2025/26 salary is non-guaranteed, so it’s possible those two big men will be battling for a single roster spot.