George Hill's Contract Revealed: 5 Years, $40 Million

The other day, Mike Wells of the Indianapolis Star informed us that George Hill would be re-signing with the Pacers. Now, according to Alex Kennedy of HoopsWorld, we know the contract details: 5 years, $40 million. This is essentially what we expected.

An average salary of $8 million per year is a definitely a little more than anyone should be wanting to pay a 26-year-old who has only started 64 regular-season games as a professional (and just 9 out of 66 played for Indiana). And giving that fifth year to anyone who isn’t an bona fide All-Star candidate every year is always rough. Really, in an ideal world where players always made a salary that directly correlated to their performance, he probably should be making about $6 million per year.

But Hill is well-rounded and skilled enough on both ends of the floor that the deal, which will pay him at least $6.96 million in year one, is unlikely to ever turn into a millstone, barring injury.

Pacers fans would be correct to think this is overpaying a little bit. But that’s the price you pay for not getting an extension done before letting a player you want as a long-term part of your team reach free agency.

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