October 11, 2025

In a groundbreaking move that is sending shockwaves through the basketball world, Indiana Pacers star Tyrese Haliburton has reportedly agreed to a **historic 14-year, \$500 million contract extension** with the franchise. The deal, which will begin in **2026**, is the **largest and longest contract** in NBA history — both in terms of total value and duration.

A Record-Breaking Deal

The \$500 million extension not only shatters previous financial benchmarks in the NBA but also redefines long-term commitment between a player and a franchise. No modern NBA contract has come close to its sheer length or total value, placing Haliburton in a league of his own.

The current largest contract by total value was **Jaylen Brown’s** \$304 million deal with the Boston Celtics in 2023. Haliburton’s new contract dwarfs that figure by nearly **\$200 million** and commits him to the Pacers until **2040**, when he will be 40 years old.

Pacers’ Vision: Stability and Superstar Loyalty

Pacers President of Basketball Operations **Kevin Pritchard** released a statement early Monday morning, calling the deal “a once-in-a-generation partnership” and praising Haliburton for his leadership, work ethic, and deep connection to the city of Indianapolis.

> “Tyrese is more than just a franchise player — he’s the cultural heartbeat of this team. This deal ensures that he will remain the face of the Indiana Pacers for the long haul,” said Pritchard.

The Pacers have been slowly building around Haliburton since acquiring him from Sacramento in a blockbuster 2022 trade. In just a few years, the team has returned to playoff relevance, and with Haliburton at the helm, they’re signaling a push toward long-term championship contention.

Haliburton’s Rise

At just 25 years old, Tyrese Haliburton has already become one of the most dynamic and efficient point guards in the NBA. In the 2024–25 season, he averaged:

* **21.8 points per game**
* **11.1 assists per game** (league leader)
* **4.2 rebounds per game**
* **40.5% from three-point range**

A two-time All-Star and All-NBA Third Team selection, Haliburton is known for his elite court vision, leadership, and unselfish play. His unique blend of scoring and facilitating has drawn comparisons to some of the greatest point guards in league history.

Financial Structure and Cap Implications

Though full contract details are still emerging, league sources suggest that the deal includes both **player and team options**, extensive performance bonuses, and **escalating salaries** tied to future salary cap increases. Analysts believe the NBA’s new media rights deal, set to begin in 2026, will create significant cap space league-wide, allowing Indiana to absorb the massive contract without sacrificing flexibility.

Reactions from Around the League

The NBA community responded swiftly on social media, with players, analysts, and fans expressing awe at the scale of the deal.

* **LeBron James**, via X (formerly Twitter): “\$500M?? Secure the bag young king
* **Kevin Durant** on Instagram: “14 years is wild… respect the loyalty tho.”
* NBA agent and cap expert **Bobby Marks**: “This is a landmark moment for player-team partnerships. It’ll redefine contract norms.”

What This Means for Indiana

The Pacers’ bold commitment to Haliburton sends a clear message: they are ready to build a perennial contender around their franchise cornerstone. With young talent like Bennedict Mathurin, Jarace Walker, and others in the pipeline, Indiana may be on the verge of its most promising era since the days of Reggie Miller.

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