Tyrese Haliburton getting a $260 million extension has the NBA fans shook

The Indiana Pacers are making Tyrese Haliburton the face of the franchise. Haliburton, who was traded from the Sacramento Kings during the 2021-22 season for Domantas Sabonis, will be paid big-time by the Pacers.

ESPN's Adrian Wojnarowski reported that the Pacers and the first-time All-Star have agreed to an extension that could reach as high as $260 million.

Tyrese Haliburton’s designated rookie scale contract extension is $205.9 million for five years. After bonuses, it could spike to the amount that Wojnarowski reported.

Haliburton’s first contract with the Sacramento Kings was $17.8 million for four years. If he had not been traded to the Pacers, he likely would not have gotten the mind-boggling increase as he would have had to play under the shadows of De’Aaron Fox.

In his first full season with the Pacers, Haliburton showed that he can carry a franchise. He played 56 games and averaged 20.7 points, 10.4 assists, 3.7 rebounds and 1.6 steals. Indiana was one of the early and pleasant surprises early last season.

If not for ankle and elbow injuries, Tyrese Haliburton could have dragged the Pacers to a fight for the play-in tournament.

Rick Carlisle praised the point guard’s quiet leadership, grit and unselfishness. The coach repeatedly mentioned that he’s the kind of player who doesn’t have to score to make an impact on both ends of the floor.

The Indiana Pacers could spring more surprises next season with Tyrese Haliburton leading the team

The Indiana Pacers have retooled by adding Bruce Brown to the lineup. Brown had a huge impact on the Denver Nuggets’ championship-winning season.

Brown’s two-way presence off the bench will only strengthen the Pacers. Rick Carlisle gets another tool to blend alongside the talents of Bennedict Mathurin, Aaron Nesmith, Buddy Hield, Myles Turner and rookie Jarace Walker.

If the Pacers don’t trade Turner and Hield for first-round picks and continue to build, they should be competitive with what they have now. They should be exciting and good enough to challenge for at least the play-in tournament.

Tyrese Haliburton, after another year in Carlisle’s system, should allow his teammates to elevate their game. Mathurin was superb last season while Nesmith, Hield, Turner and Andrew Nembhard had solid seasons.

If he remains healthy, the Indiana Pacers will not likely regret giving Haliburton the massive hike in pay.

About the author

Michael Macasero brings a wealth of knowledge and expertise to his coverage of basketball at Sportskeeda with over 18 years of diverse work experience. This includes stints at Convergys, Interpace and RunRepeat.

Michael's background in English and Journalism has provided him with the analytical skills and precision necessary for creating content, and he is a lifelong fan of the Boston Celtics. His favorite players include legends like Larry Bird and Michael Jordan, modern stars like Tim Duncan, and Nikola Jokic, as well as emerging talent like Victor Wembanyama.

Michael respects Gregg Popovich, despite his contentious demeanor in interviews, and recognizes Popovich's genius in adapting his coaching style to maximize the talent on his roster over the years. Michael eagerly anticipates seeing how Popovich will structure the offense around emerging talent like Victor Wembanyama.

Understanding the story and details is crucial to Michael's reporting philosophy and he believes overlooking details, particularly when pressed for time, can lead to misunderstandings and inaccurate conclusions.

Aside from work, Michael's children are his hobbies, and he also likes to go running, swimming and weightlifting.

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Tyrese Haliburton getting a $260 million extension has the NBA fans shook - "OVERPAY"

The Indiana Pacers could spring more surprises next season with Tyrese Haliburton leading the team