Prior to the next season, Iverson signed a six-year, $70 million contract extension. That year, the Sixers would continue to improve under Iverson's leadership, as they finished 49–33, once again qualifying for the playoffs (this time earning the fifth seed, one spot higher than the previous year's sixth seed). In the playoffs, Iverson averaged 26.2 points, 4.8 assists, 4 rebounds and 1.3 steals per game. Philadelphia would advance past the Charlotte Hornets in the opening round, but was eliminated by Indiana in the second round in six games for the second straight year.