The Toronto Raptors have signed newly acquired star forward Brandon Ingram to a three-year, $120 million contract extension, according to a report from ESPN's Shams Charania. The deal includes a player option for the final year of the deal in the 2027-28 season.

Per ESPN’s Shams Charania, the Raptors and newly acquired forward Brandon Ingram have agreed to a three-year, $120 million extension. The Raptors picked up Ingram via a trade last week with New Orleans that saw the Pelicans get Bruce Brown, Kelly Olynyk and two future Draft picks.

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