Bruce Brown

Siakam, a major contributor to Indiana's surprise run to this year's Eastern Conference finals, will officially sign the new deal when the NBA's moratorium on free agents expires on July 6.

The Pacers acquired Siakam on Jan. 17 in a blockbuster trade with the Toronto Raptors in which Indiana gave up three players, including valued guard Bruce Brown, and three first-round picks. The two-time All-Star proved to be an excellent fit, as he averaged 21.3 points, 7.8 rebounds and 3.7 assists in 41 games following the trade and shot 38.6 per cent from 3-point range.

Siakam then averaged 21.6 points, 7.5 rebounds and 3.8 assists in 17 play-off games to help the sixth-seeded Pacers eliminate two higher-ranked teams, the Milwaukee Bucks and New York Knicks, and advance to the conference finals for the first time since 2014. 

The 30-year native of Cameroon was also an integral part of the Raptors' 2018-19 NBA championship team and was named the league's Most Improved Player that season.

Siakam has averaged at least 21 points and seven rebounds per game in five consecutive seasons and has received All-NBA honours twice during that period.

In 551 regular-season games over eight NBA seasons, Siakam has averaged 17.7 points, 6.6 rebounds and 3.6 assists. He entered the league as a first-round pick (27th overall) of the Raptors in 2016.

With Siakam's new deal now agreed to, the Pacers will have their top five scorers from last season currently under contract. Indiana re-signed All-Star point guard Tyrese Haliburton to a five-year, $260 million max contract last summer and reached a two-year extension with standout center Myles Turner in January 2023.

As part of the deal, which was reported Wednesday by ESPN's Adrian Wojnarowski, the Pacers are sending Bruce Brown, Jordan Nwora and three first-round draft picks to the Raptors in exchange for Siakam.

A third team in the trade, the New Orleans Pelicans, are swapping second-round picks with Indiana and shipping Kira Lewis to Toronto.

Siakam led the Raptors in scoring this season with an average of 22.2 points per game, along with averages of 6.3 rebounds and 4.9 assists.

Siakam joins a Pacers team that averages a league-high 125.6 points per game and will play alongside All-Star guard Tyrese Haliburton.

With a 23-17 record, Indiana sits in third place in the Central Division and in sixth place in the Eastern Conference as it looks to make the play-offs for the first time since 2020. 

A two-time All-NBA selection, Siakam had spent his first eight NBA seasons in Toronto and helped the Raptors win the NBA title in 2018-19.

Drafted 27th overall by the Raptors in 2016, the 29-year-old was named an All-Star in 2019-20, as well as last season, when he averaged a career-best 24.2 points.

Siakam is set to become a free agent this summer, and the Pacers are reportedly expected to re-sign him. He becomes eligible to sign a five-year deal that could pay him as much as $247million.

This is the second big trade in the last three weeks for the rebuilding Raptors, who sent OG Anunoby and Malachi Flynn to the New York Knicks on December 30.