When Paul George was named to the All-NBA Third Team on Wednesday, it was a confirmation of the work he's put in and the improvements he's made over his four seasons in the league.
It also meant that George is set to become a slightly richer man, as the All-NBA nod triggers a bonus of nearly $7 million, according to a report from ESPN. It was already known that George's extension, which begins next season, contains the Rose Provision, an escalator for maximum contracts for young players.
This is the second time George has made an All-NBA team, one of the conditions that pushes his base-year salary from 25 percent of the team's cap to a reported 27 percent. That means the exact dollar value of his deal won't be known until the NBA's salary cap is set in stone for 2014-15, but estimates have it at around $97 million over five years.
While it's great that they have an All-NBA talent, this is bad news for the Indiana Pacers, who will now find themselves even tighter to the salary cap and luxury tax lines over the next few seasons.
