Pacers, George agree to new contract

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Paul George is staying in Indiana.

On Wednesday, the Indiana Pacers announced a multi-year contract extension with the veteran guard/forward. Per team policy, no terms of the contract were revealed.

"I know my role has stepped up tremendously as a leader on this team. I see myself as our team's guy. It has to start with me," said George, speaking at a Wednesday news conference.

"Our goal is to keep everyone we have. We have a strong team. We're going to go for it. I'm pretty satisfied where we're at," said Pacers President Larry Bird.

George says he plans to stay in Indiana for a long time.

"My heart was here. I couldn't see myself going anywhere else," he said. " "There's no better place than here."

George was the NBA's Most Improved Player last season and had made it clear he wanted to stay with the team that drafted him with the No. 8 overall pick in 2010.

He was scheduled to become a restricted free agent next summer when his rookie contract expired.

George has improved dramatically over each of his first three seasons, going from role player to regular starter to NBA All-Star last season.

The 6-7, 225-pound George is considered one of the rising stars in the NBA. Last season, his third in the NBA, George averaged 17.4 points, 7.6 rebounds, 4.1 assists and 1.8 steals per game. He made his first All-Star appearance as a reserve for the East in the NBA All-Star Game, was named the NBA's Most Improved Player while also being named to the All-NBA third team and the All-Defensive second team. George was the Pacers' No. 1 draft pick (10th overall) in the 2010 draft.