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Pacers, George make new multi-year contract official

The Canadian Press

9/25/2013 11:21:02 AM

INDIANAPOLIS -- The Pacers and Paul George made it official Wednesday morning, announcing a contract extension to keep the All-Star forward in Indiana for the next six years.

The 6-foot-7 George signed a deal valued between $80 million and $90 million, joining team President Larry Bird and coach Frank Vogel at a news conference. The contract could ultimately be worth more than $100 million if George hits an escalator clause.

George called the decision to stay in Indiana an easy one.

Last season, the 23-year-old averaged 17.4 points, 7.6 rebounds and 4.1 assists -- all career-highs -- and led the Pacers to the Eastern Conference finals. He was a third team All-NBA selection, a second team all-defensive selection and was named the NBA's Most Improved Player.