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Pacers’ George inks multi-year contract extension

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INDIANAPOLIS – Paul George will remain with the Indiana Pacers after signing a multi-year contract extension with the team.

The contract will keep Paul with the Pacers through the 2018-2019 season. Although the Pacers wouldn’t disclose the terms, the deal will reportedly include $80 million guaranteed. George can boost that amount through certain performance incentives.

The 6-7, 225-pound George is one of the NBA’s rising stars and a vital piece in the Pacers’ plans to contend in the Eastern Conference. He was the 10th overall selection in the 2010 NBA Draft.

“I know my role has stepped up as being a leader on this team and being out in the community,” George said during Wednesday’s news conference.

George said he’s excited to stay in Indianapolis, and told reporters the Circle City has become his home.

“I just recently purchased a house in Geist, which I love. I love the whole community. I’ve never felt so a part of something and part of a community like that,” George said. “It’s love here. It’s really love here, and somewhere I really love to call my home.”

Pacers president Larry Bird said expectations are high for George.

“He’s so young. We expect so much,” Bird said. “We know what he can do. My expectations (are that) he will be one of the top players in the league.”