Indiana Pacers Extend Aaron Nesmith with $40.4 Million Contract

The Indiana Pacers have secured forward Aaron Nesmith with a two-year contract extension valued at $40.4 million, ensuring his presence with the team through the 2028-29 season. This agreement, which includes a trade kicker, was finalized just before the deadline for veteran extensions. Nesmith's new deal nearly doubles his previous salary, reflecting his significant contributions to the team, particularly during their recent playoff run.

Pacers sign Aaron Nesmith to two-year, $42 million contract extension before deadlinePacers Commit To Aaron Nesmith With 2-Year, $40.4M ExtensionAaron Nesmith, Pacers Agree To Two-Year, $40.4M Deal

Nesmith, 26, has emerged as a key player for the Pacers since joining the team in 2022 as part of the Malcolm Brogdon trade with the Boston Celtics. In the 2024-25 season, he averaged 12 points and four rebounds per game, achieving career highs in shooting efficiency with a field goal percentage of 51%, a three-point percentage of 43%, and a free throw percentage of 91%. His postseason performance was particularly notable; he started all 23 playoff games and recorded a historic 49.2% shooting from three-point range, the best in NBA history for a player with at least 100 attempts in a single postseason.

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The extension of Nesmith is seen as a strategic move for the Pacers as they aim to maintain competitiveness in the Eastern Conference. His ability to perform as a reliable two-way player—contributing both offensively and defensively—has made him an integral part of the team's core. Head coach Rick Carlisle praised Nesmith's versatility, while star guard Tyrese Haliburton highlighted his work ethic and impact on the court.

Pacers Commit To Aaron Nesmith With 2-Year, $40.4M Extension

While the extension has been generally well-received, some analysts question whether the financial commitment to Nesmith is justified given his injury history, as he played only 45 regular-season games last season. Critics argue that the Pacers may need to balance their roster investments more cautiously, especially with other key players needing contracts in the near future.

Pacers sign Aaron Nesmith to two-year, $42 million contract extension before deadline

The Pacers' management expressed confidence in Nesmith's abilities and potential for further growth. "Aaron has proven to be a vital component of our success, and this extension reflects our commitment to building a competitive team," stated a team spokesperson.

Pacers Commit To Aaron Nesmith With 2-Year, $40.4M Extension

• “Every player in the NBA wants to go to battle with a guy like Aaron Nesmith” — Tyrese Haliburton, Pacers Guard

Pacers Commit To Aaron Nesmith With 2-Year, $40.4M Extension

• “2 million annual average value is considered a bargain compared to similar players, allowing the Pacers to maintain flexibility under the salary cap.” — ESPN Analyst

Pacers Commit To Aaron Nesmith With 2-Year, $40.4M Extension

With this extension, the Pacers are poised to continue their pursuit of success in the upcoming seasons. The team will focus on integrating Nesmith further into their plans while also addressing other roster needs as they prepare for future challenges in the league.

Pacers Commit To Aaron Nesmith With 2-Year, $40.4M Extension