Report: Myles Turner agrees to two-year, $60 million extension with Pacers
Take Myles Turner off the trade market.
After months of negotiations, the Pacers and Turner have agreed to a contract extension, reports Adrian Wojnarowski of ESPN.
This has since been confirmed by other sources.
Turner — back playing his natural center spot this season with Domantas Sabonis in Sacramento — is having the best season of his career, averaging 17.5 points, 7.9 rebounds and 2.4 blocks a game. He has been one of the keys to a surprisingly good Pacers team this season.
That $60 million contract extension number can be a little misleading. Turner was already making $18 million this season, but because the Pacers are $24.4 million under the salary cap, they can do a re-negotiation and extension with the big man, giving him a $17.1 million bump right now (to a total of $35.1 million for this season) and extend off of that for two years, the first at $20.2 million and the second at $19.9 million, according to Shams Charania.
Technically Turner can still be traded at the Feb. 9 deadline, but the Pacers have no intention of doing so (as this signing signals). There had been a lot of trade interest in Turner, going back to last summer, most prominently with the Los Angeles Lakers in a swap that would have sent Buddy Hield and Turner to the West Coast for Russell Westbrook and two first-round picks. That draft pick compensation kept the deal from getting done (the Pacers wanted two unprotected first-rounders).