INDIANAPOLIS — The Indiana Pacers pulled off one of their most significant moves of the offseason last week as they extended guard Andrew Nembhard’s contract.

The new, longer deal for the 24-year old was announced last Friday, and reports have detailed that it’s a three-year, $58.6 million extension. For a player that hasn’t made more than $2.4 million in a given season, it’s a major contract.

It’s also a huge win for the Indiana Pacers. Nembhard is a terrific player and still young at 24. He only has been in the league for two years, so he has room to grow despite being experienced already — he helped the blue and gold reach the Eastern Conference Finals last year.

Starting guards are not cheap in the NBA, and neither are young players. Malik Monk and Kentavious Caldwell-Pope both signed multi-year deals with an average annual value of $19.5 million or more this offseason, and they play Nembhard’s position. Patrick Williams, a young yet unproven player, inked a deal worth $18 million per year.

Nembhard, after his extension, is now under contract for four years and $60.7 million in total. That’s just over $15 million per season for a proven, young two-way guard.

“During the course of Andrew’s career, he has proven that there is no moment too big for him and he continually rises to every challenge presented to him and our team,” Pacers President of Basketball Operations said in a statement.

Nembhard’s deal, at least by the high-level numbers, is slightly misleading. In order to get the extension in motion, Indiana declined a team option that previously existed in Nembhard’s contract. Said option covered the 2025-26 season, and it was for just $2.2 million. By declining that option and then extending Nembhard’s contract, he gets a roughly $16 million pay bump next season.

That’s why the length of the deal made sense. If Nembhard was only willing to add two years to his contract, that may not have been worth it for Indiana. They already had that team option in their favor. A four-year extension would have required declining that team option, and that may have been too long of a commitment for Nembhard. Three years was the perfect middle ground.

That resolution means four more seasons under contract in total, which will keep Nembhard in Indy through 2028 barring a trade. He’s been a great piece for the franchise since being drafted 31st overall in 2022. By the final season of the contract, the Gonzaga product will make just a few million more then the Non-Taxpayer Mid-Level Exception.

That’s an inexpensive deal for a starter, and there were reasons to keep Nembhard beyond a great contract. He’s an impactful player — the Pacers were more than four points per 100 possessions better on defense with Nembhard on the floor. On offense, they stumbled from best-ever levels to merely elite when Nembhard was playing.

In the postseason, the former second-round pick averaged 14.9 points and 5.5 assists per game. When star guard Tyrese Haliburton was injured for the final two playoff outings, he torched the Boston Celtics.

If the Canadian guard built off the postseason success and had a great third season, he may have gotten a huge contract as a restricted free agent next summer. San Antonio, Brooklyn, and Washington all need a point guard and project to have cap space in 2025.

Instead, Nembhard is staying with Indiana. “His hard work and focus on developing all aspects of his game have made him an instrumental part of our success — and he has only started to scratch the surface of his potential — so we are excited to have him with us for years to come,” Pritchard said.

Nembhard averaged 9.2 points and 4.1 assists per game last season. He’s going to improve while playing for Team Canada in the Olympics this offseason. “How to draw fouls. And rebounding,” Nembhard said of what he’s working on this summer.

After the Olympic games, he’ll return to the Pacers. Once he’s back, he can grow over the life of his new contract and become the player this deal says he can be. He might already be that player, and that’s why the Pacers have to be beaming that Nembhard signed this extension.

Former Indiana Pacers forward Chase Budinger is an Olympian. The seven-year NBA veteran is representing Team USA in Paris this week and looking for a gold medal.

However, despite being a pro basketball player for nearly a decade, Budinger isn’t competing on the hardwood. Instead, he’s on sand. The six-foot-seven-inch athlete is playing beach volleyball for the United States in the Olympics.

His partner is Miles Evans, and they already won once. They play again tomorrow against a Spanish duo.

Budinger played for the Pacers during the 2015-16 season. He appeared in 49 games before a buyout later in the campaign allowed him to land with the Phoenix Suns. The California native averaged 4.4 points and 2.5 rebounds per game with the blue and gold.

A few years later, he talked with Dana Hunsinger Benbow of the Indianapolis Star about his move from basketball to volleyball. “That was always the plan,” Budinger said. “To play beach volleyball when basketball was over.”

According to Hunsinger Benbow’s story, Budinger won three high school state championships in volleyball. He had the choice to play either basketball or volleyball in college — and per ESPN, some California schools offered him the chance to play both — and he decided to play basketball at Arizona.

After he retired from basketball, Budinger got a call from Sean Rosenthal about playing volleyball. Rosenthal is one of the greatest American players ever. “One of the best asked if I wanted to join him,” Budinger told the Indianapolis Star. “I couldn’t resist that offer.”

The ex-Pacers player told Hunsinger Benbow that he hoped to represent Team USA in the Olympics one day. That was in 2019. Now, five years later, he’s an Olympian.

“I can’t really explain how much relief and excitement and just all the emotions just really poured out of me in that moment of just like, man, we freaking did it,” Budinger said to ESPN of reaching the Olympics. “We finally made it.”

In Budinger’s best game for Indiana, he had 15 points and six rebounds in a win over the Philadelphia 76ers.

On a recent episode of The Draymond Green Show, Golden State Warriors veteran forward Draymond Green and former NBA guard Jeff Teague discussed Indiana Pacers forward James Johnson and what makes him so valuable.

Johnson, who re-signed with the Pacers last week on a partially guaranteed contract, is about to enter his third season with the franchise. He has been a key leader for Indiana behind the scenes, and he was previously a teammate of Teague in college.

Teague, who spent one season with the blue and gold as a player, told a story about Johnson doing a fight for money in college while the two were at Wake Forest. Johnson had Teague’s back when they were with the Demon Deacons — and the Indianapolis native said he’s seen Johnson knock somebody out.

The Pacers veteran forward has multiple black belts, and some people jokingly refer to him as team security or a bodyguard. He even wore a hat that said “security” to a game between Indiana and Memphis last season.

Green explained his belief that Johnson’s toughness gives the Pacers more swagger. “The most feared man in the NBA,” Green said of Johnson. “[Having him around] allows them to just ball.”

Green, on an earlier episode of his podcast that didn’t feature Teague, had more to say about the impact Johnson has on the Pacers.

“One of the most valuable players on the Indiana Pacers is a guy who does not even get in the basketball game… not really why he’s there. One of the most valuable players on the Indiana Pacers is James Johnson,” Green, a four-time All-Star, said. “The reason James Johnson, to me, is one of the most valuable players on the Indiana Pacers is because he is the very reason that [Tyrese Haliburton] is talking [smack] like that… ‘y’all ain’t going to do nothing to me, and it is what it is. What are you gonna do?’.”

Johnson originally joined Indiana during training camp in 2022. Including that signing, he has inked seven contracts with the blue and gold since that date. He is vital to the team’s success despite rarely playing.

“He’s the exact reason [Andrew] Nembhard acts the way he acts… I know the confidence that he has on the court, the demeanor he walks around with. That’s backed by something,” Green said of Johnson. The former Defensive Player of the Year called Johnson and O.G. and stressed the importance of vets on any team. “They’ve got a vet that’s well respected in the NBA. And if I’m honest, highly feared.”

Johnson has appeared in 27 regular season games for the Pacers and has averaged 2.2 points and 1.3 rebounds per game for the franchise.