"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." -Shams Charania on Twitter/X

PHILADELPHIA — A few hours before they beat the Philadelphia 76ers 106-103 on Tuesday, the Toronto Raptors agreed to terms with Brandon Ingram on a three-year, $120 million extension, a team source confirmed to The Athletic. Ingram was poised to become a free agent in the offseason.

TORONTO (AP) — Brandon Ingram has a $120 million extension from the Raptors before ever playing a game for Toronto. The recently acquired forward agreed to the deal Tuesday, less than a week after the Raptors got him from the New Orleans Pelicans.