Guard Andrew Nembhard and the Indiana Pacers are in agreement on a three-year, $59 million contract extension, ESPN reported.

He will be under contract through the 2027-28 season once he signs the deal. The Pacers will decline their $2.2 million team option for the 2025-26 campaign, replacing it with the extension, per ESPN.

The Pacers selected Nembhard, a Gonzaga product, with the No. 31 overall pick in the 2022 NBA Draft. In 143 games (110 starts) over two NBA regular seasons, he has averages of 9.3 points, 2.4 rebounds and 4.3 assists.

In 17 playoff starts en route to the Eastern Conference finals in 2023-24, he averaged 14.9 points, 3.3 rebounds and 5.5 assists on 56.0 percent shooting — 48.3 percent from 3-point range.

An Ontario native, the 24-year-old Nembhard is playing in the Olympics with Team Canada.