Myles Turner Takes 4-year, $72M Pacers Extension

Indiana Pacers centre Myles Turner has agreed to a four-year, $72 million contract extension, according to ESPN.

The deal could rise to $80 million if Turner meets a series of incentive clauses, sources said.

"I'd like to thank the Simon family and the Pacers organization for giving me this opportunity," Turner said in a team news release. "It took a lot of hard work to get here and I didn't do it on my own; I'd like to thank my family, as well as my teammates, past and present, and the coaching staff for helping me get to this point. I'm excited to build here in Indiana and I'm looking forward to the future."

Turner was eligible for his rookie extension as part of the NBA's draft class of 2015 and faced a Monday afternoon deadline to complete an extension. Without an extension, those players can enter restricted free agency on July 1. Current teams can match offer sheets and retain restricted free agents.

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Information from ESPN.com