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.

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.

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.