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May 24, 2012; Indianapolis, IN, USA; Indiana Pacers guard George Hill (1) drives to the basket against Miami Heat guard Dwyane Wade (3) during game six of the Eastern Conference semifinals of the 2012 NBA playoffs at Bankers Life Fieldhouse. Miam defeated Indiana 105-93. Mandatory Credit: Brian Spurlock-US PRESSWIRE

George Hill Signs 5-Year Contract To Stay With Indiana Pacers

George Hill will stay with the Indiana Pacers, signing a five-year deal, according to a report.

George Hill Signs 5-Year Contract To Stay With Indiana Pacers

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11 months ago Update 0 comments

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George Hill's Contract With Pacers Is Worth $40 Million, According To Report

George Hill's new contract with the Indiana Pacers is a five-year deal that will pay him $40 million over the course of the contract, according to HoopsWorld's Alex Kennedy. Hill, a restricted free agent, agreed to terms with the Pacers on July 2.

Hill, who was acquired by the Pacers in a 2011 draft-day trade with the San Antonio Spurs, emerged as the team's starting point guard late in the season. On the year, he averaged 9.6 points and 2.9 assists per game, but he fared much better in the postseason, upping his scoring average to 13.5 points per game. He is expected to once again share the point-guard position with Darren Collison next season.

The Pacers now must decide whether to match a four-year, $58 million offer sheet for center Roy Hibbert. If they do, they probably won't be very active in free agency beyond that.

For more on the Pacers, head over to the SB Nation blog Indy Cornrows.

Check out the SB Nation Channel on YouTube

11 months ago Update 0 comments

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George Hill Agrees To 5-Year Contract With Indiana Pacers, According To Report

George Hill signed a five-year contract with the Indiana Pacers on Monday, the Indianapolis Star reports. Financial terms of the deal were not disclosed. Hill will be able to sign his new contract once the NBA's moratorium period ends on July 11.

The Pacers acquired the rights to Hill from the San Antonio Spurs on the night of the 2011 NBA Draft. Hill came off the bench for both guard positions, and started at point guard when Darren Collison went down with a groin injury. He had 9.6 points, 3.0 rebounds and 2.9 assists averaging 25.5 minutes per game last season.

Hill remained the starter even after Collison was healthy enough to return to the court, and should compete for the job once again to start the 2012-13 season.

Roy Hibbert is now the Pacers' last unresolved restricted free agent. The Portland Trail Blazers gave him a five-year, $58 million offer sheet over the weekend. Hibbert is expected to sign on July 11, giving the Pacers three days to match the offer in order to retain his rights.

For more on the Pacers, head over to the SB Nation blog Indy Cornrows.

Check out the SB Nation Channel on YouTube

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