Pascal Siakam contract details: Pacers forward set to headline list of free agents in 2024 offseason

The Pacers’ calculated risk to acquire Pascal Siakam is paying off.

Weeks before the NBA trade deadline, Indiana struck a deal to acquire Siakam from Toronto. And while the deal helped the Pacers earn the East’s sixth seed and win their first playoff series in a decade, the associated risk stems from Siakam’s impending free agency.

What does the future hold for Siakam and the Pacers? Here’s a look at his contract situation and what that could mean moving forward.

MORE: Kyle Irving’s expert 2-round 2024 NBA Mock Draft

Pascal Siakam contract details

Siakam is in the final year of a four-year, $136.9 million rookie-scale maximum contract signed with the Raptors in 2019. He will be an unrestricted free agent in the 2024 offseason.

Year Age Salary
2023-24 29 $37,893,408
2024-25 30 UFA

UFA = Unrestricted free agent

MORE: Potential trade offers that could sway Cavaliers to trade Donovan Mitchell

Pascal Siakam free agency outlook

In January, ESPN’s Adrian Wojnarowski reported that “Siakam is excited about the deal to the Pacers and expected to be eager to work out a new contract with the franchise this summer.”

Siakam, who celebrated his 30th birthday in April, did not sign a contract extension with Indiana so that he could maximize his earning potential as an unrestricted free agent. 

The Pacers, who inherited Siakam’s Bird Rights, can offer the two-time All-Star a five-year deal worth roughly 30 percent of the 2024-25 salary cap. Based on salary cap projections, a deal worth 30 percent of the cap would be worth roughly $42.3 million annually. 

See also  Where to watch France vs. Canada live stream, TV channel, lineups, prediction for international friendly

Among the teams projected to have the most cap space this offseason are the Pistons, 76ers, Magic and, yes, Raptors.

Given Indiana’s success in Siakam’s short time with the franchise, signs would indicate that his preference is to remain with the organization. Re-signing with the Pacers would align with Siakam’s agent’s January assertion that “[Siakam’s] future looks bright in Indiana.”

MORE: Donte DiVincenzo questions Pacers’ toughness after heated Game 5

Pascal Siakam Pacers stats 2023-24

  • 41 regular season games
  • 21.3 points per game
  • 7.8 rebounds per game
  • 3.7 assists per game
  • 54.9 percent field goal shooting
  • 38.6 percent 3-point shooting
  • 69.9 percent free throw shooting

Source

Leave a Reply

Your email address will not be published. Required fields are marked *