The Toronto Raptors have signed Brandon Ingram to a three-year, $120-million US contract extension, according to multiple media reports.
ESPN, which first reported the signing, says the deal includes a player option for 2027-28.
The Raptors acquired Ingram last week before the NBA’s trade deadline in a trade that sent a 2026 first-round pick from Indiana, their own 2031 second-round pick and veterans Bruce Brown and Kelly Olynyk to New Orleans.
Ingram has yet to suit up for the Raptors as he continues to recover from a left ankle sprain sustained in early December. He has appeared in just 18 games this season, averaging 22.2 points, 5.6 rebounds and 5.2 assists per contest.
Ingram was an all-star and won the NBA’s most improved player award in the 2019-20 season when he averaged 23.8 points, 6.1 rebounds and 4.2 assists over 62 games.
The Raptors will introduce Ingram at a press conference before Wednesday’s home game against the Cavaliers.