George signs extension with Pacers

The Sports Xchange
The SportsXchange

The Indiana Pacers confirmed Wednesday that the team signed guard-forward Paul George to a multiyear contract extension.
The Pacers did not disclose terms of the deal, but reported Tuesday that it is a five-year maximum extension at approximately $80 million in guaranteed money. George can make an additonal $10,000 if he is named to an All-NBA team or wins an MBA award this season.
Precise contract terms will not be determined until the extension take effect next year.
"I want to thank the Pacers for believing in me when they drafted me," George said. "To continue my career with the Pacers was a very easy decision. We have great ownership, a great front office, great fans and I'm blessed with great coaches and great teammates. I use great a lot because that is what this franchise is and I'm hopeful we can be part of great things in the future."
George is considered one of the top young players in the game. In his third season in the NBA, George averaged 17.4 points, 7.6 rebounds, 4.1 assists and 1.8 steals per game in 2012-13. He played in the NBA All-Star Game for the first time, was named the NBA's Most Improved Player and played a key role in leading the Pacers to the Eastern Conference finals.
"Paul represents not only what our team and franchise is about but what a professional athlete should be," Pacers president of basketball operations Larry Bird said. "He strives every day to be the best he can be, as a player, as a teammate, as a person and as a representative of this franchise."

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