Record and standing: 58-24, 2nd in Central Division
Hall of Famer(s): Reggie Miller, Chris Mullin
Scoring leader: Reggie Miller (19.5 PPG)
Rebounds leader: Dale Davis (7.8 RPG)
Assists leader: Mark Jackson (8.7 APG)
Round eliminated: Eastern Conference Finals

The Pacers put an incredibly deep team on the court in 1997-98, fielding a veteran squad the saw none of their key rotation players miss significant time all year long. On the strength of strong scoring from the outside with Reggie Miller and the inside with Rik Smits, Indiana posted the East's second best record and earned Larry Bird the NBA's Coach of the Year award.

Miller and Smits both made the All-Star team as well, and going into the All-Star break Indiana had the best record in the NBA. They reached the Eastern Conference Finals and were paired against an aging Bulls squad looking to complete their second three-peat. This back and forth series saw the home team win every game, and the Pacers fell by just five points the deciding game 7 in Chicago.