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.

Brandon Ingram is sticking in Toronto for a bit. The former NBA All-Star signed a three-year, $120 million extension with the Raptors on Tuesday, just days after he was acquired from the Pelicans in exchange for Bruce Brown, Kelly Olynyk and two future draft picks.