The Indiana Pacers signed Andrew Nembhard to a three-year, $59-million contract extension, his agents told ESPN's Adrian Wojnarowski.
Indiana will reportedly decline his $2.2-million team option for 2025-26, allowing the new deal to start next season, adds Wojnarowski.
The 6-foot-5 guard will earn $18.1 million in 2025-26, $19.6 million in 2026-27, and $21 million in the final season of his contract, per ESPN's Bobby Marks.