NBA rumors: Pacers extend Nate McMillan's contract

Adrian Wojnarowski: ESPN Sources: Indiana Pacers coach Nate McMillan has agreed on a contract extension. https://t.co/btfZFQHvht

More on Nate McMillan Extension?

The Indiana Pacers announced Tuesday they have signed Head Coach Nate McMillan to a multi-year contract extension. Per team policy, no terms were released. McMillan will enter his third season as Pacers coach after serving as the team's Associate Head Coach for three seasons under Frank Vogel. In his first two seasons, the 54-year-old McMillan has a 90-74 record and helped guide the Pacers to two playoff appearances.
"I'm really proud of what Nate and our coaching staff have done," said Pacers President of Basketball Operations Kevin Pritchard. "Nate is very deserving of this extension. We have a wonderful culture and he has been a big part of implementing that culture. He's dedicated leader, a very good coach and we're lucky to have him here with the Pacers." "I'm very appreciative of Kevin and Mr. Simon (team owner, Herb Simon) for this show of faith in what we are doing," said McMillan. "Going back two years ago when I was hired, the trust Larry (Bird) and Mr. Simon had in myself and my staff meant a lot. Now with this extension, it's an affirmation of what we all – front office, coaches, players, staff – are trying to accomplish."
Indiana Pacers coach Nate McMillan has reached an agreement in principle on a contract extension that will take him through the 2020-21 season, league sources told ESPN on Wednesday. McMillan, who would've entered the final season of his original three-year deal, delivered one of the NBA's most impressive coaching performances last season. In the aftermath of the Paul George trade to Oklahoma City, McMillan led the Pacers to a 48-34 record and a seven-game first-round series against Cleveland in the Eastern Conference playoffs.
J. Michael: The #Pacers are close to finalizing a multi-year deal with Nate McMillan, league sources tell @indystar .... Reported about a month ago they'd put this to bed before training camp. It's happening now.
J. Michael Falgoust: With a lot of key free agency business taken care of, #Pacers have pivoted towards contract extension talks with coach Nate McMillan, I'm told.
J. Michael Falgoust: There doesn't appear to be anything imminent regarding a new deal for McMillan but based on what I'm told by league sources I dont expect this to be dragged out or take a lot of wrangling. It seems a foregone conclusion (and should be) it'll get done #Pacers
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