DONE DEAL: Raptors completes whooping $120 million signing

Brandon Ingram, a recently acquired forward, has signed a multi-year contract extension with the Toronto Raptors.

Last week, Ingram, who was scheduled to become a free agent this summer, was traded from the New Orleans Pelicans to the Raptors.

The Raptors did not reveal the deal’s financial details, but according to ESPN’s Shams Charania, Ingram has a three-year, $120 million contract extension with a 2027–2028 player option. This season, he is earning $36 million.

“Improving every day is the ethos of our team, and we believe the long-term addition of Brandon improves us greatly,” Raptors general manager Bobby Webster said in a statement.

“We’ve spoken about his elite scoring and playmaking; we’re looking forward to seeing that mesh with the talents we already have on our roster – and we’re thrilled that Brandon wants to be a Raptor as much as we want him here in Toronto.”

Ingram was acquired by the Raptors from the Pelicans in exchange for veterans Bruce Brown and Kelly Olynyk, a 2026 first-round pick, and a 2031 second-round pick. By giving him a new contract, they guarantee that he will be a member of the team’s dynamic young core for the foreseeable future, which also includes All-Star Scottie Barnes and the gifted team of RJ Barrett and Immanuel Quickley.

Ingram, who is averaging 22.2 points, 5.6 rebounds, and 5.2 assists per game, was only able to play in 18 games this season because of an ankle sprain. In the last four seasons, he has averaged at least 20 points, five rebounds, and five assists, making him one of only six players to do so.

The Los Angeles Lakers selected Brandon Ingram with the second overall pick in 2016, marking his league debut. Before joining the Pelicans in a historic trade that sent superstar Anthony Davis in the other direction, he played for the Lakers for three seasons. Ingram had his best season as a professional in 2019–20, averaging 23.8 points, 6.1 rebounds, and 4.2 assists while earning Most Improved Player of the Year and his first and only All-Star selection.