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Report: Pacers, Myles Turner agree on contract extension

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The Pacers are reportedly ready to extend Turner for four more years.

NBA: Playoffs-Cleveland Cavaliers at Indiana Pacers Brian Spurlock-USA TODAY Sports

According to varied reports, the Pacers and Myles Turner will come to terms on a four-year contract extension prior to the Monday, 6 p.m. ET deadline for such deals.

NBA info gurus, Shams Charania and Adrian Wojnarowski tweeted slightly different reports but both indicated a deal was expected to be completed by 6P. Shams broke the initial news.

Followed shortly by Woj’s intel on the situation.

So it appears we can expect a four-year deal at somewhere between $70 and $80 mil. More importantly, Turner will not have the pressure of playing for his next big payday but instead the pressure of living up to the numbers. Hopefully, Turner takes a page from Victor Oladipo who turned a similar deal into an absolute bargain last season.

Turner’s 2015 rookie class must sign any extensions today or wait until after the season. The underwhelming class hasn’t seen many big extensions with the exception of Karl Anthony-Towns and Devin Booker. KAT signed a supermax deal for 5-years, $190 million while Booker signed a standard max deal for 5-years, $158 million.

Since both of those players signed max deals, they were able to add a fifth year. Turner’s deal won’t approach max money, thus the four years.

Surely more to come on this story.

UPDATE: And just like that, Woj reports the deal is done.