Tyrese Haliburton has landed a max contract extension with the Pacers, a deal that could be worth up to $260 million.

The deal is the largest in franchise history and also Indiana's second deal ever to surpass $100 million.

The third-year pro was an All-Star for the first time last season, becoming the first player in league history to average 20 points and 10 assists while shooting 40 percent from 3-point range in a season.

Haliburton was drafted 12th overall by the Sacramento Kings in 2020 but was traded to the Pacers in February 2022 in a deal that send Domantas Sabonis to the Kings. 

Desmond Bane and the Memphis Grizzlies have agreed to a five-year, $207 million max contract extension.

Bane, 25, gets the first $200 million deal in Grizzlies' history as he's developed into one of the NBA's best young shooting guards in his three seasons with Memphis.

He set career highs with 21.5 points, 5.0 rebounds, 4.4 assists and field goal percentage (48 percent) for the Grizzlies last season.

Bane is among the best 3-point shooters in the NBA, making 42.5 percent of his attempts in his career, while increasing the volume each season.