Indiana Pacers center Myles Turner has agreed to a two-year, $60 million contract extension that includes renegotiating an additional $17.1 million in his 2022-2023 salary, ACA Sports representative Austin Brown told ESPN on Saturday.
The deal would include a $17.1 million renegotiation — the largest in NBA history — on top of Turner’s $18 million salary this season, $41 million over the next two seasons, and would tie Turner to the Pacers through the 2024-25 season.
The Pacers are allowed to add money to his current contract because the franchise has salary cap space.
Turner’s extension removes one of the summer’s top potential centers in free agency — and ends speculation about a trade deadline deal involving him.
After Turner was expected to be traded in the final year of his contract during the playoffs, the Pacers changed direction as young guards Tyrese Halliburton and Benedict Maturin emerged as stars. The Pacers changed the course of their rebuild and decided to extend Turner and improve the list of the trade market.
Turner is averaging a career-high 17.5 points, 7.9 rebounds and 2.4 blocks a game — including field goal percentage (54.4%) and 3-point field goal percentage (39.1%), according to ESPN Stats & Information.
Turner is one of three players with at least 50 3-pointers and 75 blocks this season — along with Memphis’ Jaren Jackson Jr. and Milwaukee’s Brook Lopez, according to ESPN Stats & Info. Turner has four 30-point games this season — something he’s done just four times in his entire career for 2022-23.
Turner joins LA Clippers forward Robert Covington as the only players to have their contracts renegotiated under the league’s current collective bargaining agreement.
ESPN NBA front office analyst Bobby Marks contributed to this report.