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Myles Turner contract: Pacers' new $30M deal for star center may trigger rare luxury tax bill

  • The Indiana Pacers decided to enter the luxury tax this offseason to re-sign center Myles Turner, a move not made in 20 years.
  • This decision was driven by the importance of retaining Turner, who contributed an average of 15.6 points and two blocks per game throughout the current season and played a key role on the team.
  • Turner, drafted 11th overall in 2015, has started every game since 2017-18 and is the longest-tenured Pacer, with a contract extension worth over $40 million.
  • According to ESPN’s Shams Charania, the Pacers aim to maintain their core group and anticipate that Turner’s annual salary will likely fall within the $20 to $25 million range.
  • Entering the luxury tax implies increased payroll expenses and signals a commitment to maintaining competitiveness despite added financial burdens.
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Hoops Hype broke the news in on Sunday, June 8, 2025.
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