NBA Rumors: Pascal Siakam to Get Max Contract Offer from Pacers in 2024 Free Agency

The Indiana Pacers are reportedly expected to offer Pascal Siakam a max contract this summer in free agency.

Shams Charania of The Athletic and Stadium said re-signing Siakam is the Pacers’ “biggest priority” of the offseason.

Siakam is eligible for a five-year, $245 million contract this summer. A full five-year max would take Siakam through his 35th birthday.

The Pacers sent Bruce Brown, Jordan Nwora, Kira Lewis Jr. and three first-round picks to the Toronto Raptors for Siakam in January. Two of those first-round picks convey this year in a weak draft. The final first-rounder is a protected pick (Nos. 1-4) in 2026 and 2027. If the Pacers draft in the top four in 2026 and 2027, the last pick converts to a pair of second-round picks.

Siakam averaged 21.3 points, 7.8 rebounds and 3.7 assists in 41 regular-season games with the Pacers. A two-time All-Star, he has settled into a tier of players who are hard to evaluate. He’s very good at a number of things but elite at none. It’s hard to justify paying a player of Siakam’s caliber nearly $50 million a season, but the Pacers are not a free-agent destination, and he appears to enjoy playing in Indiana.

“It’s been a blessing,” Siakam told reporters Monday night. “I’m really appreciative of everything. Coming from where I come from, it means a lot.”

Indiana could have competition in the open market if Siakam wants to explore his options. The Philadelphia 76ers are armed with cap space, a title-contending roster and were reportedly interested in trading for Siakam before he was sent to Indiana. The Sixers can only offer Siakam four years and $183.2 million if they hope to sign him outright.

It’s hard to imagine Siakam turning down an extra $60-plus million if it’s on the table.