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One-time NBA All-Star forward Brandon Ingram will remain in Toronto after this season and beyond.
More Brandon Ingram: Raptors Land Brandon Ingram in Blockbuster Deal With Pelicans
ESPN's Shams Charania has reported that Ingram and the Raptors have agreed to a three-year, $120 million contract extension.
New Toronto Raptors star Brandon Ingram has agreed to a three-year, $120 million contract extension with the franchise, including a player option in 2027-28, Klutch Sports CEO Rich Paul, agents Shy Saee and Mike George told me and @BobbyMarks42. pic.twitter.com/rN9D2qZW1c
— Shams Charania (@ShamsCharania) February 11, 2025
Ingram was traded to the Raptors last week but has yet to make his debut. He continues to be out with an ankle injury.
The Pelicans desperately wanted to extend Ingram, but they were unable to do so on multiple occasions. Ingram turned down a $50 million contract in 2023 and a $40 million contract extension in 2024.

He will make $40 million a season with the Raptors, who could be vying for a top pick in this summer's 2025 NBA Draft.
The 27-year-old was traded on Feb. 5 from the New Orleans Pelicans. In return, the Pelicans acquired guard Bruce Brown Jr., center Kelly Olynyk, one first-round pick, and one second-rounder.
Ingram has been solid for the Pelicans this season, averaging 22.2 points per game while shooting 46.5 percent from the field and 37.4 percent from deep. However, durability has been the issue, as he's appeared in just 18 contests and hasn't played since Dec. 7 because of an ankle injury.
Ingram has played for the Pelicans for the last six-plus seasons. The former No. 2 overall pick in the 2016 NBA Draft holds career averages of 19.5 points per game, 5.2 rebounds, 4.3 assists, and 0.7 steals in 495 healthy games.
He started his career with the Los Angeles Lakers before he was traded to the Pelicans as part of the Anthony Davis trade in 2019.
With this deal, the Raptors get a solid shot creator and offensive force to complement their other top players, such as Scottie Barnes, Immanuel Quickley, and RJ Barrett, for the next several seasons.
The former Duke Blue Devil is one of six players who average 20 points, five rebounds, and five assists in each of the last four seasons.
While Ingram will now earn big money, he could have earned even more based on the current cap situation. If he had waited until free agency to sign a new contract with the Raptors, he would have been eligible to receive about $150 million over the next three years.
However, it appears that money is not the driving force for Ingram, and he genuinely wanted to have a new home in Canada.
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Ricardo Sandoval is a Newsweek contributor based in Los Angeles, CA. His focus is sports content. Ricardo has been with Newsweek since 2024 and also writes ... Read more