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, agents Shy Saee, Mike George and CEO Rich Paul of Klutch Sports told ESPN.

The Raptors and newly acquired forward Brandon Ingram have reached an agreement on a three-year contract extension, according to Shams Charania and Bobby Marks of ESPN ( Twitter link ), who hear from Ingram’s agents at Klutch Sports that the deal will be worth $120M and will feature a player option for the 2027-28 season.

The Toronto Raptors made one of the biggest splash moves ahead of the NBA 's trade deadline, acquiring young star Brandon Ingram from the New Orleans Pelicans . Ingram was traded from the Pelicans in a deal that sent Bruce Brown, Kelly Olynyk, one first-round pick and one second-round pick to New Orleans.